The price would be possible have a retraction, since a divergency show up long time between the price movement and the RSI in 16 hours time frame.
The Slow Stock is in over bought level, the price is near the up trend channel top line area and previous top as pressure line.
The price is in fifth wave top area.
Try to short the retraction.
The Slow Stock is in over bought level, the price is near the up trend channel top line area and previous top as pressure line.
The price is in fifth wave top area.
Try to short the retraction.
Trade closed manually
Short USD/CHF is not available now. Close the short trade.Trade active
Short USD/CHF or other CHF pairs could be triggered again. Try to open short orderTrade closed manually
Close the short tradeTrade active
Expect the up trend channel bottom line area would be got breakout. Try to open short
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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.