VladimirRibakov
Short

EURCHF Short Setup

FX:EURCHF   Euro Fx/Swiss Franc
The bearish divergence is already taking place on the H4 chart. At this place or even after another push higher (potential false break) we should be looking for a breakout below the up trend line (blue).

To recap – wait for a break below the up trend line , wait for a small pullback and short.

Stop Loss – place the stop loss above last high to be created.

Target 1 – 1.0900.

Target 2 – 1.0830.
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