Pair: USD/CHF
Time frame: Daily/Weekly
Trade rationale: USD/CHF has been test trend line several times last week and could not break it. And RSI’s going out of OverSold area.
My trade idea: Buy limit 9300, stoploss 9225 and 1st target 9498 and 9600. Reward/risk minimum is 2.66.
hi…nice trade…taken a position on it…
hi…actually if you take a look at the weeklies (also seen in the daily chart)…its more on a downward channel…so should short from here…wot do you think?