Don't miss the great sell opportunity in USDCHF Short

U.S. Dollar/Swiss FrancFXCM

Description

⋅ Dec 2, 2019 2:08 PM

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.9980). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDCHF is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.

Take Profits:
TP1= @ 0.9940
TP2= @ 0.9890
TP3= @ 0.9845

SL: Break Above R2

Comments

Forecast_Crypto

⋅ Dec 2, 2019 5:28 PM

I got a huge profit.
Thank you!
Thank you!

ForecastCity

⋅ Dec 3, 2019 8:14 AM

@Forecast_Crypto, You're welcome. We are so happy for you. And thanks for the feedback.

fxniki

⋅ Dec 2, 2019 2:36 PM

Thank you so much for publishing such a valuable sell opportunity in USDCH. I won't miss it.

ForecastCity

⋅ Dec 2, 2019 2:39 PM

@fxniki, You're welcome. We hope you find it useful.