DLavrov

USDCHF Bearish Divergence

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
The price reversed from 1.00300 resistance level. RSI confirmed price reversal. MACD lines support downward movement. Bearish divergence gives a trend reversal signal. DMI allows opening short trades. It's sell opportunity and we can place pending orders below the local swing low at 0.99450 level. Stop orders must be placed at 1.00350 level. The main profit target is at 0.98600 level. The 2nd target is at 0.97000 support level.

💰COPY MY TRADES FOR FREE! Join 👉 bit.ly/41DKDBD

📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit

💎 Share My BEST Trades here 👉 bit.ly/wubits
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.