teconlab

Time to Short USDCHF

Short
teconlab Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Dear Traders,

My technical analysis indicates USDCHF has reached a peak and is primed for a drop. After conducting frequency analysis, I see clear signs this pair is overbought and due for a correction.

I have already entered a short position on USDCHF, with take profit and stop loss orders in place to manage risk. The setup looks highly favorable for a move lower.

While I can't guarantee anything 100%, the evidence strongly suggests USDCHF is headed lower from current levels. I believe going short here represents a high-probability opportunity.

Let me know if you have any other opinion.

Good luck
Trade active:
Active Trading $1000 initial deposit
Lot size 0.1
Enter point: 0.8924
Trade active:
I added one more sell position. Great opportunity.
Active Trading $1000 initial deposit
Position 1: Lot size 0.1
Enter point: 0.8924
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Position 2: Lot size 0.1
Enter point: 0.8922

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