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TeddytheBear
Oct 8, 2019 2:40 PM

USD/CHF Long

U.S. Dollar/Swiss FrancFXCM

Description

Trade active

As we can see banks are shorting CHF with 29k+ means we can enter a long here, we also just hit the POC in the monthly volume profile which indicates a potential reversal because of passive buy orders being hit.

SWISS FRANC
FUTURES ONLY POSITIONS AS OF 10/01/19

NON-COMMERCIAL
LONG | SHORT
COMMITMENTS
18,245 29,780

Trade closed: stop reached

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