Hey traders,
USDCHF is approaching a strong daily resistance level.
On hourly time frame, the price formed a triple top formation.
To catch a pullback from the underlined structure, wait for 0.921 horizontal neckline breakout (1H candle close below).
Then sell aggressively or on a retest.
Your goals will be:
0.917
0.914
In case of a new higher high higher close formation on hourly, setup will be invalid.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.