USD/CHF short idea on H1/H4

Updated
Hi Traders!

USDCHF is on a clear downtrend on the H1 and H4 charts.

Price reached a resistance zone, where we can look for bearish candles to enter the trade.

Fibonacci level can provide a good resistance to the short setup.

Entry strategy: wait for a bearish candle which crosses the 0.9631 level.


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Order cancelled
Trade idea became invalid.
Thanks to the proper entry strategy we didn't open this trade.
Technical IndicatorsTrend Analysis

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