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ThinkingAntsOk

Bearish Setup on USD/CHF by ThinkingAntsOk

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
ThinkingAntsOk  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Support and Resistance Multiple Time Frame Analysis USD chf USDCHF short setup analysis
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trendanalysis supportandresistance mtfa usd chf usdchf short setup analysis
4H CHART EXPLANATION:

As we explained on the Daily Chart, price has bounced at the Resistance Zone and broke the Ascending Trendline. We wanted to place a short trade here but price did not give us a proper setup. Now, we are waiting a reaction of the price at the Support Zone and then a corrective movement so we can place our entries there.

DAILY CHART EXPLANATION:

snapshot
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