USDCHF - Selling Opportunity

FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF - Selling Opportunity.
Analysis Timeframe: 1D.

Selling opportunity on USDCHF if we observe price confirming a downward breakout of the chart pattern with a strong candle. Our profit target will be set at the last low before the formation of the mentioned pattern. As for the Stop Loss, we will place it above the fast-moving average acting as resistance. (🇮🇳)


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.