USDCHF in the zone for sell Short

U.S. Dollar/Swiss FrancFXCM

Description

⋅ Feb 3, 2022 8:55 AM

We can see nice movement downside, than correction and formation double top, so now I expect next move to the zone around 0.91000

Comments

JoeChampion

⋅ Feb 3, 2022 9:11 AM

Well done, bears are strong here!

milica0909

⋅ Feb 3, 2022 9:39 AM

@JoeChampion Yes, I think so, thank you for comm

TRADER_AP_FX

⋅ Feb 3, 2022 9:04 AM

nice! i got in a short position on your AUDUSD analysis and currently riding the wave down to tp 0.6996. i'm currently in profit! 🙌🏽 by the way do you think we should exit positions before NFP releases this coming friday?

milica0909

⋅ Feb 3, 2022 9:16 AM

@AesenP, Thank you, I am glad to hear you are currently in profit. In my opinion you should put your sl to breakeven when price is into profit 1:1 so you dont risk anymore, in this case(audusd) when price fall to the 0.71000 zone you can put your stoploss on entry price and wait for the target

TRADER_AP_FX

⋅ Feb 3, 2022 10:00 AM

@milica0909 sounds good! i'll keep an eye out for that zone. thank you for replying i appreciate you🙏🏼🤙🏼