USDCHF Swing Trade Short + 700%+ Return

A couple of weeks ago we were looking to short US Dollar, and USDCHF was the pick of our watch list presenting the most favourable technical opportunity.

The daily time frame had recently retraced into resistance and our analysis suggested there was potentially much further downside for market to go.

We waited for the right timing and identified a classic Momentum set up to get positioned short on the 15 minuet time frame.

The market continued to move lower as expected, and we eventually closed our positions the following morning booking a healthy +700% profit on the trade.