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EliteTradingSignals
Aug 9, 2023 10:37 AM

USD/CHF BEARISH BIAS RIGHT NOW| SHORT Short

U.S. Dollar/Swiss FrancFXCM

Description


Hello,Friends!

We are going short on the USD/CHF with the target of 0.866 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

✅LIKE AND COMMENT MY IDEAS✅
Comments
ArmanShabanTrading
Easy to understand, thanks.
UnitedSignals
I have a different view friend
AnabelSignals
Great chart, bro!
EliteTradingSignals
What are your thoughts on USD/CHF ?
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