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ThinkingAntsOk

"Trade Idea on USD/CHF" Short Setup by ThinkingAntsOk

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
ThinkingAntsOk  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Multiple Time Frame Analysis Support and Resistance USD chf USDCHF dollar short anylsis setup
4
2
trendanalysis mtfa supportandresistance usd chf usdchf dollar short anylsis setup
4H CHART EXPLANATION:

We observe that price broke the Ascending Trendline and now it is consolidating on a corrective structure. This is a nice opportunity to trade since most of Major USD pairs are in similar situations, but we need to be careful because it could be a very volatile situation, so, taking short positions below the support zone could be a good decision.

DAILY CHART:

snapshot

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"Top and Bottom Analysis" USD/CHF by ThinkingAntsOk
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