EURCHF Sell Opportunity

FX:EURCHF   Euro / Swiss Franc
The weekly chart looks bearish and we can expect a downward movement. The daily chart gives us a swing low which should be used for placing pending orders for sell. RSI confirms price reversal and MACD histogram supports an upward movement. Probably the market will move upward in short term but after that we should be ready to see the market falling. DMI shows that the bears have power. It's sell opportunity. Entry level is 1.149000 with stop orders at 1.18500 level. Profit targets are 1.13000 and 1.10000 support levels.

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Good Trade, I'm on the short side too
back to the good old forex after the bull market on crypto was over:P
+1 Reply
Same with my opinion. Plan to short when meet my setting.

Thanks a lot.
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