TRADINGWITHZION

400 PIPS CHANCE. USDCHF to fall further ?

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
Good Good Evening Traders !

Hope you all are doing nice during this trading week !

So guys, after being quite bullish on CHF, I've decided to keep a look aswell on USD.

It has been struggling since the beginning of the Pandemic, and its not showing much major improvements.

Here we have a very strong DOWNTREND, and what could be a bearish channel .

As you can see, we have multiples touches on the upper line, without a break-through, guiding this pair to a saturated point.

CHF has been performing nicely against a strong JPY during the past days ( another trade we keep holding ).

With a 110 STOP LOSS PIPS, and a 400
PIPS of TAKE PROFIT, I really believe we have here an awesome swing trade for the next couple of days !


Feel free to use this trade yourself, but remember to always keep a good risk managment.

CHECK THE LINK BELOW
Join our FREE TRADING GROUP
https://t.me/ziontradesfreechannel

Check this 50£ Paypal GIVEAWAY ( 30th September )
https://www.instagram.com/p/CTt621XMP09/?utm_medium=copy_link