CoinCaller

USDCHF M SELL NOW!

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
HERE IS A INTRADAY SELL SETUP ON USDCHF. PRICE IS RESPECTING THE RESISTANCE AND HAS FORMED AN M, PRICE INITIALLY DID A FAKE OUT TO CUT THE SELLERS OUT AND HAS NOW FORMED A BEARISH ENGULFING ON THE 1 HOUR CHART. I'D EXPECT TO SEE THIS PAIR TO NOW MOVE TO THE DOWNSIDE. OVER 3.5 TO 1 RR FOR THIS SETUP AND LOOKS GOOD. LETS SEE WHAT HAPPENS.
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