U.S. Dollar / Swiss Franc

Short

USDCHF Bearish Opportunity

Updated

I am considering three factors to go Short in this pair.

[1] Daily Trend is still intact as BEARISH

[2] The price has reached to 50% Feb drawn from 01st August 2019 High to 13th August 2019 Low.

[3] A strong Resistance is also available at the same 50% Feb. Level

[4] Final confirmation done by extended inside bar on H4 Time frame.

Sell Stop @ 0.9795
SL 0.9825
TP 0.9700

Trade active

Trade closed: stop reached

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