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USD/CHF BEARS WILL DOMINATE THE MARKET|SHORT

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Dolar A.S. / Franc Swiss (FX:USDCHF)  
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FX:USDCHF   Dolar A.S. / Franc Swiss
Trend Analysis Chart Patterns Wave Analysis USDCHF short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

We are going short on the USD-CHF with the target of 0.895 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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Penafian

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