Swiss Franc (USD/CHF) upside potential

in trading •  6 years ago 

USD/CHF closed this month well above the 0.9690 resistance level and is heading towards 0.9900.

I will probably be looking to sell at resistance and buy at support, depending on which level is reached first. However if I sell I will not be looking for long term targets as the overall picture is quite bullish.
If I manage to buy around 0.9700 I will be looking for long term targets.

Good Luck

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Hello @trader-ba!

I saw that a few days ago you were providing some TA to some cryptos. I wonder what do you think about the potential impact of eliminating transaction fees when trading with cryptos futures? That's something digitex is doing and it should be of great help to traders don't you think?

Cheers mate.

I'm not familiar with with it. I'll have to research it first, but as long as trading fees can be minimized, that is good.