Price action on the USDCHF has moved higher to level that make a short position very attractive here. The 0.9760 level would be the downside objective.
Trade active:
Price action has drifter higher, but the trade target remains valid. We will be patient for bearish movement to develop. It's coming.....
Trade closed: target reached:
After holding this short trade for a few moths our target has been hit at 0.9758 for over 225 pips of gain. Sometimes trades will not unfold as planned, but if our analysis has a high level of conviction then we wait patiently for our close, and we got it. Good example of discipline and patience with conviction analysis. Our Premium Members get this all the time.