Short Opportunity in USD CHF
Hi Traders,
The higher timeframes indicate we are in a short term downtrend. Price found resistance at 0.91071(Green). If price breaks and close below 0.90955(Red), we can enter in a short position for a possible target at 0.90749(Orange) with a stoploss maintained above 50SMA. Price can find support at 0.90849(Yellow) levels, so caution is advised.
For queries comment below and dont forget to like and follow.
Happy Trading....
The higher timeframes indicate we are in a short term downtrend. Price found resistance at 0.91071(Green). If price breaks and close below 0.90955(Red), we can enter in a short position for a possible target at 0.90749(Orange) with a stoploss maintained above 50SMA. Price can find support at 0.90849(Yellow) levels, so caution is advised.
For queries comment below and dont forget to like and follow.
Happy Trading....
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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.
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.