Signal_Centre

USDCHF - Moving lower to from the bullish Gartley

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
We look to Sell at 0.9742 with targets of 0.9635 & 0.9630 and a stop of 0.9767

The rally was sold and the dip bought resulting in mild net gains yesterday. Selling posted in Asia. A move to 0.9632 will form an intraday bullish Gartley pattern. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Further downside is expected and we prefer to set shorts in early trade

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.