EURCHF - short trade idea
Updated
EURCHF
My perspective on EURCHF
Daily - We can see the break and retest, and also a downtrend.
4 hour - We are in downtrend, price came back to the resistance level and the 50 EMA, where we can see a huge rejection with an engulfing candlestick. It was a good entry point for the further downtrend.
My perspective on EURCHF
Daily - We can see the break and retest, and also a downtrend.
4 hour - We are in downtrend, price came back to the resistance level and the 50 EMA, where we can see a huge rejection with an engulfing candlestick. It was a good entry point for the further downtrend.
Trade closed: stop reached
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.