chris333

Euro Swiss Franc Short Setup

Short
FX_IDC:EURCHF   Euro / Swiss Franc
Despite a current short term rally in the price intraday, the market has a good setup to go short.

If the price can trade through the recent low on the inverse hammer of yesterday's session, this would be confirmation of the short trade setup.

Go short if the price trades through 1.13090, then place a stop loss at 1.13860 and a profit target at 1.11870.

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.