USDCHF Watch top for price action for big fall

Short

US-Dollar / Schweizer Franken (OANDA:USDCHF)

Aktualisiert

OANDA:USDCHF US-Dollar / Schweizer Franken

Hi there,

USDCHF is at crucial point where we can see big drop. Watch top for price action and look for sell once price start to fall add on corrections and keep selling this pair upto 0.92 this pair has a huge potential for downside.

Currently we are having short term bullish trend and price is still pushing for upside on lower time frame. This trend will not stay there forever and soon we will see reversal on USDCHF and big drop.

How you can trade on this chart.

1. Watch lower time frame and wait for the stronger sell once you see that it is coming out join the fun and keep adding more for more downside.

Or

2. Wait for the stronger sell to come then sell after having correction.

In case price keeps pushing higher it will not change our longer term short view on USDCHF. We will remain bearish on it.

Good Luck

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