Get started
VladimirRibakov

USDCHF Sell Idea

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
VladimirRibakov  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis USDCHF SELL Bearish Patterns Triangle bearishhiddendivergence bearishdivergence doublewave criticalzone
3
0
trendanalysis usdchf sell bearish triangle bearishhiddendivergence bearishdivergence doublewave criticalzone
W1 - Price is moving inside a triangle pattern and is currently nearing the bottom of it.

H4 - Bearish hidden divergence.

H1 - Potential double wave with second leg developing.

We may expect one more push higher towards the critical zones with the price creating bearish divergence.

We may then start looking for sells with more bearish evidences towards the bottom of the weekly triangle.

Invalidation - If the price breaks and holds above the critical zone (marked in yellow) then this sell setup would be invalidated.
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.