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CobraVanguard
Jun 20, 2023 9:26 AM

I Cannot Long This !!! Short

U.S. Dollar/Swiss FrancFXCM

Description

Hello

The USDCHF currency pair is in a bearish phase by reaching a PRZ zone.

⭐ Bearish signs in the PRZ region are:
- Trend line
- Descending channel breaking
- Moving MA50
- Weekly pivot
-Fibo 50%

⭐ and the downward signals of market momentum are:
- Hidden Divergence in MACD
- Time divergence in the last 2 waves

➡️Note that you should wait for the break of the trend line and pullback to it, or enter the market after seeing strong bearish candles.

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🌍Thank you for seeing idea .
Have a nice day and Good luck.
Comments
YourLazyTrader
Perfect technical set-up backed with proper information and charts :)
CobraVanguard
@ProCFDTrader thanks my friend
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