USD/CHF overbought: short idea on H4
Updated
Hi Traders,
As USD/CHF became overbought on H4 chart, it gives a good countertrend opportunity to short this pair. In addition a bearish candle is about to form in the current resistance zone.
Entry strategy: wait for bearish candle cross below 0.9830
If you think this analysis is useful and you want to receive new updates about this idea, leave your comment or your LIKE!
Thank you for your support and may the markets be with you!
As USD/CHF became overbought on H4 chart, it gives a good countertrend opportunity to short this pair. In addition a bearish candle is about to form in the current resistance zone.
Entry strategy: wait for bearish candle cross below 0.9830
If you think this analysis is useful and you want to receive new updates about this idea, leave your comment or your LIKE!
Thank you for your support and may the markets be with you!
Note
Still waiting for entry signal.Order cancelled
Idea became invalid. Price went above resistance zone.Note
Thanks to the proper entry strategy we didn't take this trade.
If you think this analysis is useful and you want to receive new updates about this idea, leave your comment or your LIKE!
Thank you for your support and may the markets be with you!
Thank you for your support and may the markets be with you!
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.