Currently set to No Index

Reason for Selling USD/CHF : 

As per our previous USD/CHF analysis post (click here to see), we told our members “USD/CHF reaches the top zone in different time frames”

In Daily chart USD/CHF formed an Ascending Triangle pattern and the market is standing now at the top zone.

usd chf formed ascending triangle pattern at the top zone

In H4 Timeframe, USD/CHF reaches the top zone of the uptrend range.

usd chf standing at the top zone of the uptrend line

In H1 Timeframe, USD/CHF broken the bottom zone of the range.

All the above charts confirmed the downward movement on USD/CHF.

Finally, USD/CHF Sell signal was given to the members.

usd chf reached the target with 64.3 pips profit

USD/CHF reached the Profit Target Successfully.

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FOREX GDP

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