USDCHF, will resistance hold ? Sell right now 0.8160 ?? (08.40 am EST) short short short short short short short what do you super traders think ? Oh shit know when everybody want short, it goes long.
whats now, resistance or what. if 0.8180 hold, it should go down today minimum to 0.8080. or for 2 days, 100p would be good money. dont you super traders think that ??
What's so difficult about it's direction? The answer is in the charts and indicators - if you know how to read them. No should, would and speculation... but quite clear direction. I got a clear up on 08.26 12 noon GMT @ 0.7945, a gain of 245 pips so far. Happy trading, Felix
cool. sorry, i cant i always have to speculate, what could happen and should happen if this or that happen. I know i do better with it. If price will not move after i am in, i exit my position. point.
USDCHF seems to have reversed its sentiment from bullish to bearish four or five days ago, and at 0.9882, this spot strikes me as possibly the right level to get in on the next leg southward.
I presume you are doing swing trading. seems more like market is ranging. anyway do your own analysis.
USDCHF is entering a zone of resistance where it was rejected in January and December of 2015 and in February and December of 2016. If it is turned away again this month, I would think it would offer at least a couple of hundred pips worth of profit on the first leg down if sold near the top of the reversal.