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USDCHF (H4)-Wait to Sell
U.S. Dollar / Swiss Franc
Short
USDCHF (H4)-Wait to Sell
By forex47_
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Updated
Oct 25, 2021
1
Oct 21, 2021
USDCHF (H4) is in a bearish channel
RSI has enered the oversold range at times but the trend cannot be reversed
The rate is likely to fall to the support zone 0.91681-0.91754
However, we should wait for the recovery to 0.92194-0.92294 zone and have bearish signal to Sell
TP1 price target at 0.91754 and TP2 at 0.91421
Oct 25, 2021
Order cancelled
USD/CHF (H4) remains in a bearish channel
However, the 0.91681 support was broken, cancel the previous trading plan.
Chart Patterns
Technical Indicators
Trend Analysis
forex47_
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