FXHEET

Potential USDCHF Breakout

Largo
FXHEET Actualizado   
FX:USDCHF   Dólar estadounidense/Franco suizo
I haven't been watching this pair all day but I got an alert for this pair to go long on another indicator I use to detect momentum shifts.

While reviewing the chart, I see that my indicator also triggered an entry a few hours ago.
In addition, I see that that the bearish structure has been broken with momentum showing strength.
CHF is currently showing weakness while USD has been strong all Asian session.
COT data shows a decrease in net positions while USD is relatively flat (decrease in both Longs & Shorts).

CHF moves quickly so if it breaks up, it could be a quick jump up.

Just a disclaimer, this indicator can produce false positives. And DXY is currently a little choppy.
Also, as I am in another trade I won't add any extra risk during the Asia session.

Let me know your thoughts.

Trade Safe!
HEET
Orden cancelada:
My algo reversed. No confidence in this trade anymore.

🧑‍💻| Founder @blackswanforex
📈| Smart Money Trading
🔗| Link below for my Youtube and Telegram group where I post trading ideas 👇👇👇
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.