USDCHF short based on RSI divergence

By 11021992
Updated
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.
Trade active
Trade closed: target reached
DivergenceRelative Strength Index (RSI)

Related publications

Disclaimer