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TradeAce
Dec 30, 2018 5:09 PM

USDCHF SHORT Short

USD/CHFOANDA

Description

X marks the Spot.
For a Bullish Price Action, I still expect some BUYing around 0.97800 Demand zone. This will be short-lived.

For a Bearish Price Action, Liquidity has been tapped up to the 1.00900 region.
I expect further SELLing pressure in the coming weeks.

A break below 0.98000 and I'll be looking to SELL every Rally.
1st Target at 0.95400
2nd Target at 0.91900

I am more Bearish than Bullish on this pair.

Order cancelled

Update...an important line in the sand for Bears is 0.97870. Until then, I expect more BUYing pressure from the BULLS. Target at 1.00680
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