It has been a big week for the Swissie as rates have rallied north of 0.9300. Now a Weekly Double Top pattern is in view at 0.9368 - 0.9373. If this area comes into play, a potential selling opportunity may come to pass.
Here’s the trade:
Sell 0.9364
Stop loss at 0.9389
Profit target at 0.9339
1:1 risk vs reward worth 25 pips
Should we see more bidding, this USD/CHF short may go live early next week.
Here’s the trade:
Sell 0.9364
Stop loss at 0.9389
Profit target at 0.9339
1:1 risk vs reward worth 25 pips
Should we see more bidding, this USD/CHF short may go live early next week.