Hi Traders!
USDCHF
is on a clear downtrend on the H1 and H4 charts.
Price reached a resistance zone, where we can look for bearish candles to enter the trade.
Fibonacci level can provide a good resistance to the short setup.
Entry strategy: wait for a bearish candle which crosses the 0.9631 level.
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Thank you for your support and may the markets be with you!
USDCHF
is on a clear downtrend on the H1 and H4 charts. Price reached a resistance zone, where we can look for bearish candles to enter the trade.
Fibonacci level can provide a good resistance to the short setup.
Entry strategy: wait for a bearish candle which crosses the 0.9631 level.
If you think this analysis is useful and you want to receive new updates about this idea, leave your comment or your LIKE!
Thank you for your support and may the markets be with you!
Order cancelled:
Trade idea became invalid.
Thanks to the proper entry strategy we didn't open this trade.
Thanks to the proper entry strategy we didn't open this trade.
If you think this analysis is useful and you want to receive new updates about this idea, leave your comment or your LIKE!
Thank you for your support and may the markets be with you!
Thank you for your support and may the markets be with you!