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orvillejohnson1998
Dec 28, 2023 3:36 AM

"USDCHF Bearish Outlook: Setting Sight on Target 0.83542" Short

US Dollar vs Swiss FrancPepperstone

Description

"Anticipating a bearish trend in USDCHF, with a target set at 0.83542 and a risk level at 0.84313. The bearish sentiment is grounded in the analysis of the previous low at 0.83435, which serves as a key indicator, suggesting a potential revisit to that level in the near future."
Comments
yahoozee147
Double bottom already since your post. Maybe it has found the bottom for now and time to correct up?
orvillejohnson1998
@yahoozee147, Correct. I already TP'd tho, @0.83542. So maybe a correction to the upside is plausible, but I'm still not sure, because retest is always possible. I'll soon do more post ideas for better entries on a different pair, the market has closed!
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