Jan 07, 2025
Trade ideas
EURCHF, H4
USDCHF is rising and breaching above the upper Bollinger Band.
The RSI oscillator is in the oversold zone, giving a Counter-trend strategy set up on the chart, with a good opportunity to short the asset!
Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: Timur Yurdagyul
By registering, you accept FBS Customer Agreement conditions and FBS Privacy Policy and assume all risks inherent with trading operations on the world financial markets.