USDCHF Bearish Opportunity

FX:USDCHF   U.S. Dollar / Swiss Franc
I am considering three factors to go Short in this pair.

  • Daily Trend is still intact as BEARISH
  • The price has reached to 50% Feb drawn from 01st August 2019 High to 13th August 2019 Low.
  • A strong Resistance is also available at the same 50% Feb. Level
  • Final confirmation done by extended inside bar on H4 Time frame.

Sell Stop @ 0.9795
SL 0.9825
TP 0.9700
Trade active
Trade closed: stop reached


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