Get started
FedericoSellitti

EURCHF - Bearish Engulfing Pattern at a turning point

Short
Euro / Swiss Franc (OANDA:EURCHF)  
FedericoSellitti  
OANDA:EURCHF   Euro / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators Forex EURCHF EUR chf downtrend Bearish Engulfing candlestickpattern Bearish Patterns
3
0
trendanalysis chartpattern indicator forex eurchf eur chf downtrend bearishengulfing candlestickpattern bearish
EURCHF
The currency pair is in a downtrend according to the strong bearish setup of the moving averages.
In the video of this morning, we were already considering a short position on it, but now we have a clear candlestick pattern, a bearish engulfing.
Stop loss and take profit may be selected to have a RR that is at least 1:2.
Find out more at www.itstradingtime.com/
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.