Euro / Swiss FrancShort
EURCHF Sell Idea
D1 - Bearish divergence and a potential false break if we get a close below 1.1540.
H4 - We have bearish divergence on H4 chart as well and we may go short with the breakout of the trend Line.
Conservative approach - You can either use the double trend line principle for entries or wait for a breakout below 1.1430 first of all and then rallies to short.
If you are trading, using one of my strategies, simply wait for a valid sell signal.
As long as the top holds and we have gotten out confirmations for bearish reversal, we can look for sells towards 1.12.
H4 - We have bearish divergence on H4 chart as well and we may go short with the breakout of the trend Line.
Conservative approach - You can either use the double trend line principle for entries or wait for a breakout below 1.1430 first of all and then rallies to short.
If you are trading, using one of my strategies, simply wait for a valid sell signal.
As long as the top holds and we have gotten out confirmations for bearish reversal, we can look for sells towards 1.12.
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