Price on USD/CHF has produced a high test bar ricocheting off the round 0.9500 level. RSI and Stochastic divergence support this short set up.
entry - below today's high test close
stop loss - above today's high test close
target - aiming for 0.9290, previous low, close to 50 ema (ignore support line on chart at 0.9250)
entry - below today's high test close
stop loss - above today's high test close
target - aiming for 0.9290, previous low, close to 50 ema (ignore support line on chart at 0.9250)
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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.