okoukonicharles

USDCHF Short Trade Setup

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
A #short trade opportunity recently presented itself on the #dollarswissy (#USDCHF) #trading chart 📉.

This is indicated by the #bearish harami candlestick 🕯️ pattern just below the 0.91593 horizontal resistance level.

This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell).

Sufficient downward momentum should see price dumping towards the 0.90000 psychological level and possibly testing the strength of the 0.89955 horizontal support level.

As always, please apply appropriate risk management.

Happy trading!

#majorpair
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