USD CHF Short
USD CHF 07 08 2023
For this pair, I will patiently observe how the price reacts to the resistance levels at 0.87764 and 0.88001. My anticipation is that the price will rise to test the upper resistance level. Once it reaches the resistance level, I expect it to reverse and head down towards our support level. At that point, I will initiate a sell signal with Take Profit targets set at TP1 0.87179, TP2 0.86762, and TP3 at 0.85593.
For this pair, I will patiently observe how the price reacts to the resistance levels at 0.87764 and 0.88001. My anticipation is that the price will rise to test the upper resistance level. Once it reaches the resistance level, I expect it to reverse and head down towards our support level. At that point, I will initiate a sell signal with Take Profit targets set at TP1 0.87179, TP2 0.86762, and TP3 at 0.85593.
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