USD/CHF HAS BEEN FACING RESISTANCE FROM THE FALLING TRENDLINE. ITS LIKELY TO FALL FURTHUR. USD/CHF CAN BE SHORT IN THE RANGE 1.0050-1.0040 WITH A STOPLOSS ABOVE 1.0080 FOR TARGETS OF 0.97500
4H resistance Trendline break Awaiting bearish fib,Counter trendline break and MA crossver. -Based on daily TF,after a strong bull rally a retracement is due.on the 4H based on a drawing of a bullish fib set up from the nearest pivot on this timeframethe 50 and 61.8 levels align with a weekly key level area
In 4hr double tops are formed. Enter in market below the neckline for sell side.
In 4h double tops are formed. Enter in market below the neckline for sell side.