Based on our analysis, we are seeing H4, H1, M30 and M15 oversold.
We see M15 and M30 divergence.
The stop loss is very tight as this is a counter trend.
Trade closed: stop reached
This was a counter trend that really didn't make much sense.
It was an all time low with no support in sight. This means one of the main criteria for taking a trade is missing and thus we should be looking to sell any upward move.
06/07/22 DEAL EUR/CHF Mini SD-50.86 06/07/22 DEAL EUR/CHF Mini converted SD-29.47
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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.