USD/CHF - UP, UP... Then all the way to hell

FX:USDCHF   U.S. Dollar / Swiss Franc
63 0 4
I am not convinced that a lower high (LH) has been realized. Therefore, I am waiting for price to at least hit the 0.764 level before taking a short.

It's another 60 or so pip's between 0.764 and 0.886 levels. If 0.764 was broken, I would be keen to take another short there.

At this point, Dow Jones is still rising (See chart). Therefore, I have no interest in selling USD until Dow Jones creates another LH

Anything above 1.02567 would mean a significant trend reversal as a LH was already established.

USD get, get, down, down, down:
Comment: Forgot to mention that 1.02567 is a LH and 0.96601 is a LL.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out