USDCHF (H4)-Wait to Sell

Oct 21, 2021

USDCHF (H4) is in a bearish channel

• RSI has enered the oversold range at times but the trend cannot be reversed
  
  
• The rate is likely to fall to the support zone 0.91681-0.91754
  
  
• However, we should wait for the recovery to 0.92194-0.92294 zone and have bearish signal to Sell
  

TP1 price target at 0.91754 and TP2 at 0.91421

Oct 25, 2021

Order cancelled

USD/CHF (H4) remains in a bearish channel
However, the 0.91681 support was broken, cancel the previous trading plan.