USDCHF short based on RSI divergence
Hi traders,
On this USDCHF we can see clear divergence of the RSI. RSI is making a higher high, while price is still below the last swing high. I'm waiting for price to move up a few more pips before I enter.
Entry: 0.98319
Stop: 0.98824
Target: 0.97121 = R:RR 2.37
Good luck! Updates will follow.
On this USDCHF we can see clear divergence of the RSI. RSI is making a higher high, while price is still below the last swing high. I'm waiting for price to move up a few more pips before I enter.
Entry: 0.98319
Stop: 0.98824
Target: 0.97121 = R:RR 2.37
Good luck! Updates will follow.
Trade active
Trade closed: target reached
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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.
Related publications
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.