M-royce

Potential Sell opportunity for EurChf ?

Short
M-royce Updated   
FX:EURCHF   Euro / Swiss Franc
1.1416 in red is the key level on the EurChf Daily chart which previously served as a support level but has turned into resistance since it has been broken last week.

An engulfing candle can be spotted on the 1hr timeframe rejecting from the key level.


My Sell position:

Entry: 1.1378
SL: 1.1458
Tp: 1.1258

** This is not a Buy/Sell recommendation
** Please do your own due diligence

Trade closed manually:
Closed my position with a loss

- 0.3r
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