USDCHF short possibility after retest of broken hourly trendline
The trendline has clearly been broken, additionally we see price stalling at the 38.2%-Fib-Level, wich is right at the retest of the trendline.
This might cause price to move down again with the higher timeframe trend and a great risk-reward-ratio.
This might cause price to move down again with the higher timeframe trend and a great risk-reward-ratio.
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.