By Request: USD/CHF Analysis

The Dollar has been weak over the past few sessions and the USD/CHF is no exception. I was asked to review the 4 hour chart for this pair and here it is:As you can see, I laid out a trade plan with some notes on the chart. Basically, the plan is to sell the pair if it reaches the top of the linear regression trend channel. It would also be nice to see the Stoch and RSIs both overbought (or near overbought) when the trade is executed. I also put down two profit targets on the chart. I'll sell half the position at the first target and then dump the rest at the second target or when the stoch gets oversold and then rises out of the oversold level--whichever occurs first.

Hope everyone's having a good start to the trading week.

TLT