USD/CHF: Pullback is more likely
Updated
Hello, everyone!
The pair is trading in sideways manner and now is near strong resistance lines forming a doji candle on H4 chart.
Additionally, the recent rise of a price was very sharp, so the RSI indicators is overbought and the correction is likely.
There is a high probability that price is going to fall due to these factors.
Entry price: 0.9315
SL: 0.9360
TP: 0.9245
The pair is trading in sideways manner and now is near strong resistance lines forming a doji candle on H4 chart.
Additionally, the recent rise of a price was very sharp, so the RSI indicators is overbought and the correction is likely.
There is a high probability that price is going to fall due to these factors.
Entry price: 0.9315
SL: 0.9360
TP: 0.9245
Trade closed manually
The target almost reached, so won't be gready and close it.
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