Get started
Maveric12

Possible Triple top

Short
U.S. Dollar / Swiss Franc (OANDA:USDCHF)  
Maveric12  
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns tripletop
1
0
trendanalysis chartpattern tripletop
It looks like a triple top is forming and we are in for a nice short. Price could head a bit higher but there is a large divergence between price and the RSI. Price will likely fall to .9924 at the Volume point of control. If price pushes through this point it will like likely fall farther. Enter around .9996, Place stop at 1.00735 and target at .96629. Manage stop as you see fit.


Happy trading,


Like, share, comment and subscribe.
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.