USDCHF | Risk-off means 700 pip opportunity
As equities continue to look week, GOLD is looking super bullish (we'll talk about that next week), so naturally we take a peek at the Swissy to see if there is any opportunity there.
And it look massive!
The recent breakout / fakeout / blow-top top is worrying for the bulls (and why we always wait for the bounce!)
If GOLD rallies, we expect CHF to do the same and this chart presents us with several opportunities to short.
One could take a weekly view as I have posted here, but I posted this chart to show more of the larger opportunity - not the specific trade I'm interested in.
My play is to wait for a daily close below that supporting trendline, and a retest from below before shorting. Targets to 0.9300 or so for those willing to hold (if the trade works out of course)
And it look massive!
The recent breakout / fakeout / blow-top top is worrying for the bulls (and why we always wait for the bounce!)
If GOLD rallies, we expect CHF to do the same and this chart presents us with several opportunities to short.
One could take a weekly view as I have posted here, but I posted this chart to show more of the larger opportunity - not the specific trade I'm interested in.
My play is to wait for a daily close below that supporting trendline, and a retest from below before shorting. Targets to 0.9300 or so for those willing to hold (if the trade works out of course)
交易進行
Trade moving nicely. Take some profit off the table.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。