USDCHF: Short
Updated
USDCHF reached downtrend line resistance and was rejected.
The bear divergence was created and is shown on the chart.
Drop in volume.
RR is high and shown on the chart.
Costume indicator shows overbought and signifies short.
Some key levels to close the short is 0.382 and 0.618 fibs which serve as a support(and resistances if breaks downwards further).
The bear divergence was created and is shown on the chart.
Drop in volume.
RR is high and shown on the chart.
Costume indicator shows overbought and signifies short.
Some key levels to close the short is 0.382 and 0.618 fibs which serve as a support(and resistances if breaks downwards further).
Note
#USDCHF SELL @ 0.99150-0.99250 range
SL: 0.99450
TP1: 0.99750
TP2: 0.98150
TP3: 0.97500
TP4: Open
If there is no gap up above resistance, that’s the plan^^^
Note
Going as expected. USD was weak, will drop to TP. HOLD on tight.Note
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