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CryptoForexGem

USDCHF expecting a short liquidation

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Dólar Americano/Franco Suíço (FX:USDCHF)  
CryptoForexGem  
FX:USDCHF   Dólar Americano/Franco Suíço
Trend Analysis Chart Patterns Wave Analysis USDCHF usdchfshort usdchfanalysis usdchflong usdchfidea usdchfsignal usdchfprediction
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trendanalysis chartpattern waveanalysis usdchf usdchfshort usdchfanalysis usdchflong usdchfidea usdchfsignal usdchfprediction
USDCHF gives me bullish vibe. I see a possibile short liquidation in the next days, considering that most of the retail are short. Looking at the chart, USDCHF is trying to bounce back up from main daily trendline. I think we can see a possible 200/250 pips rally to the upside before looking for a reversal pattern. Risk reward is not one of my best, but i am entering for a swing trade that i am confident to hold and i expect to go with stops at break even before the end of this week

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Perfect setup, bad luck USDCHF
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