Usd/chf

Technicals looking good, rising 50dma, ADX rising from under 10.
A move above restitance at 1.3050 would be a strong buy signal.

 

I was long @ 1.2718
mkt has now entered within the Overbought Zone.
limite upside potential seen @ 1.3050 before a correction takes place IMHO.

 

I am not looking to trade it, I am more interested in riding this possible trend, and earning interest on my long position. Long at 1.2634, 1.2714, 1.2687.

 

good point however I still see limited upside potential.
Don't get me wrong I'll be the 1st one to take another long position if I get a good signal.

Way to go on your longs dude.

 

It might be overbought in a shorter time frame, but what caught my eye was the divergence on the Monthly chart in relation to its previous lows in 91,93,95. My target is 1.6000

 

My technical indicates it's an uptrend.

What would be the bottom of the current pullback (if any), you guess?

 

I'd buy on a pullback to 1.29 if seen.

 

My guess would be around 1.2900

 

Wow that was weird you posted at the same time I did with the same target.

 

Nice guess, it looks like a pullback so far.

After 1.2900 now, what would be the next high or low you guess?