Wave-Trader

USDCHF Sell the breakout

Short
Wave-Trader Updated   
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Hi there,

If you are following our USDCHF chart for a while then i hope you know that we were seller on USDCHF from top.

We are having very nice breakdown opportunity on USDCHF. If you are already holding short from top then perfect and if not then look for breakdown and look for sell and if already holding then add more on breakdown.

How to trade on this chart.

1. Sell the breakdown

or

2. Let the price hit the top and sell from top

We are longer term bearish on USDCHF thats why we are more interested in selling rather than short term buying.

In case price keeps pushing higher and break above the previous high then it will change the sell setup but we will remain bearish on USDCHF for longer term from top.

Good Luck.
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