USD / CHF
The dollar against the Swiss franc is still receiving a very large selling momentum, which brought the price back to 0.9000 levels
Now we notice that the price broke the rising Demark trend a while ago, and also the break was with a high momentum candle that may not provide an opportunity to re-test the trend.
Therefore, we will target sales directly, or we can wait for a re-test and seize the opportunity from a better place with less risk.
Objectives
0.8867
0.8758
Stop loss closed higher at 0.9180
The dollar against the Swiss franc is still receiving a very large selling momentum, which brought the price back to 0.9000 levels
Now we notice that the price broke the rising Demark trend a while ago, and also the break was with a high momentum candle that may not provide an opportunity to re-test the trend.
Therefore, we will target sales directly, or we can wait for a re-test and seize the opportunity from a better place with less risk.
Objectives
0.8867
0.8758
Stop loss closed higher at 0.9180
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