USDCHF: Oversold. Wait Break Down Confirmation for Shorts
I share my forecast.
I see the pair extremely oversold. MACD and Stochastic already changed the bias.
Anyway, I will wait for a break down level confirmation before going short.
Remember to do your homework and take your own decisions.
THIS IS NOT AN INVESTMENT ADVICE.
I see the pair extremely oversold. MACD and Stochastic already changed the bias.
Anyway, I will wait for a break down level confirmation before going short.
Remember to do your homework and take your own decisions.
THIS IS NOT AN INVESTMENT ADVICE.
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Correction: EXTREMELY OVERBOUGHT
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Title Correction: USDCHF: Overbought. Wait Break Down Confirmation for Shorts
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Stop Loss at 1,005
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Unable to break the uptrend line. That is because I prefer to go short after a break down confirmation. With new data break down level may move up.