USDCHF Short From H4 OB + Trendline Resistance + RSI Divergence
Hello everyone!
I expect this paor to continue its global downtrend.
4 major points that supports my view:
1) There is a massive orderblock formed on Sept 3.
2) Trendline resistance
3) The divergence on RSI indicator on H1.
4) The central babk of Switzerland has raised it's interest rate by 0.75%!
Entry: 0.98411
SL: 0.98665
TP: 0.9508 (On filling the imbalance left aftrer CPI data)
You can find re-entry after it will make a Choch on LTF.
I expect this paor to continue its global downtrend.
4 major points that supports my view:
1) There is a massive orderblock formed on Sept 3.
2) Trendline resistance
3) The divergence on RSI indicator on H1.
4) The central babk of Switzerland has raised it's interest rate by 0.75%!
Entry: 0.98411
SL: 0.98665
TP: 0.9508 (On filling the imbalance left aftrer CPI data)
You can find re-entry after it will make a Choch on LTF.