3:1 Reward to Risk Opportunity - USDCHF
Potential USD CHF opportunity with good R:R
Reasons for Entry:
- Price finding resistance at previous High
- Bearish Candle formation
- RSI Overbought / Divergence
Target
- 3:1 Risk Reward
Stops
- Above previous High
If the first trade gets stopped out, wait and look for a long setup, targeting 0,99500.
Reasons for Entry:
- Price finding resistance at previous High
- Bearish Candle formation
- RSI Overbought / Divergence
Target
- 3:1 Risk Reward
Stops
- Above previous High
If the first trade gets stopped out, wait and look for a long setup, targeting 0,99500.
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.