USDCHF Short : Daily Timeframe Analysis
Updated
Looking for shorts from that zone:
- Strong rejection off the daily trendline for continued buys
- Completion of a shark pattern on the daily as well
- Looking to take shorts off the 61.8 of C to D
- Aligns with a strong level of resistance
- Continuation of bearish trend
- Might see the reversal occur Friday when Powell speaks
- Strong rejection off the daily trendline for continued buys
- Completion of a shark pattern on the daily as well
- Looking to take shorts off the 61.8 of C to D
- Aligns with a strong level of resistance
- Continuation of bearish trend
- Might see the reversal occur Friday when Powell speaks
Trade closed: target reached
I am changing my entry to the 71% fib level, with an entry at 0.98840. This should align with a third touch of the trend lineTrade active
*I am changing my entry to the 71% fib level, with an entry at 0.98840. This should align with a third touch of the trend line*
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.