I've hit my first three targets after calling the short on USDCHF a month ago on August 21st. I had mentioned that getting to Target Three was going to be more difficult than targets One and Two. Nevertheless, the current Bear on this pair is firmly in place and there is still room on the downside as global markets are displaying a more risky appetite.
I'll be playing this one all the way to the bottom. Don't know exactly where that's at, but I've put in at least three more potential targets (Orange dotted line).
I'll be playing this one all the way to the bottom. Don't know exactly where that's at, but I've put in at least three more potential targets (Orange dotted line).
