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Monday, May 23, 2022

-574 Points Reached in USD/CHF Sell Signal
1 mins well spent

USD/CHF Analysis : 

USD/CHF has moved up and down between the specific price range levels for long time.

After breakout happened at the bottom zone, USD/CHF Sell signal is given.

USD/CHF went upto +500 points but doesn’t reach the Target.

usd/chf touched the stoploss with -574 points
USDCHF hits stoploss

Why USD/CHF went up sharply in short time?

Wall Street Jumps Sharply +450 Points After U.S. Delays Some Trade Tariffs.

This is the reason for “USD” to become stronger in short time.

However, this fundamental news is only temporary.

Fundamentals work only 20%, but technical works 80% in forex market.

This time fundamental wins. be patience and wait for the next good opportunity signal.

Please Don’t trade all the time, trade forex only at best trade setup.

It is better to do nothing, instead of taking wrong trades.

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