USDCHF - On the daily we see that the pair rejected on a resistance zone. We also see that the last daily candles left a bearish pattern. Now we are going to look for another zone which we found on the weekly. We are going to place a sell stop below the last lower low on the 4H. The TP is placed on the weekly support zone. SL is placed above the last lower high. The entry/sell stop is at 0.92211 SL- 0.93326 TP- 0.90471 R/R- 1.56
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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.