Potential Sell opportunity for EurChf ?

Updated
1.1416 in red is the key level on the EurChf Daily chart which previously served as a support level but has turned into resistance since it has been broken last week.

An engulfing candle can be spotted on the 1hr timeframe rejecting from the key level.


My Sell position:

Entry: 1.1378
SL: 1.1458
Tp: 1.1258

** This is not a Buy/Sell recommendation
** Please do your own due diligence

Trade closed manually
Closed my position with a loss

- 0.3r
Chart PatternsEngulfing CandleTrend Analysis

Disclaimer