VasilyTrader

USDCHF: Bearish Outlook

Short
FX:USDCHF   U.S. Dollar / Swiss Franc

I was asked a lot about USDCHF today.

On 4H chart we have a descending triangle formation,
the market has just reached a resistance line of a triangle
and we see dodji formation and multiple rejections + overbought rsi.

In my view, bets are high that we will see a retracement from the current level.

Targets will be 0.99 and 0.996

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
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.