Paraman666

USD/CHF - long term humongous short opportunity

Short
Paraman666 Mis à jour   
OANDA:USDCHF   Dollar américain / Franc suisse
There are so many factors, that are telling me, that currect uptrend will be over very soon. Firts of all, if we look at the weekly chart, we can clearly see, that we are in big downtrend and from July 2011 we are in upwards correction. At the moment, price is testing very strong ressistence.
I am also big fan COT report (it shows open positions from biggest traders in the market) and if we look at dollar index, we can clearly see, that USD will soon or later go to the downtrend and on the other hand Swiss Franc has potential to grow.
And of course if USD currency will go down and CHF will go up, then USD/CHF pair will go sharply down.
Commentaire:
Finally dollar fell sharply and we got out of that raising wedge.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.