FUNTRADER-Vera

2812 USDCHF: trade on THIS PAIR is still valid

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
Happy new year to all you guys!

On this right weekly chart, we found that USDCHF would have trouble to make a new high. Because its still inside the down trend. And right now it just start its weekly wave 3 down after a non-stop wave 2 up.
On daily chart, its bearish on daily chart too. And we only use Fibo to calculate its target. The farthest position we could see is Fibo 100: 0.95385. That makes 400 pips from the upper line of the bolligner bands.

Our signal open last week is still valid, please keep it with SL.

Good luck!
Less is more!

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