TradingView
BannaKhan
Nov 10, 2019 9:59 PM

USDCHF short from the trend line Short

U.S. Dollar/Swiss FrancFXCM

Description

Hello traders,

Here we have a nice decending trendline and price action has been respecting the trendline for some time now and I'm expecting the same now as well. Price is also at a major level from where we ususally see a reverse. We can also see a bearish candle on the 4h chart which suggest a possible trend reversal.

I have gone short on this and marked tp and sl for you as well.

Let me know your thoughts.

Trade safe and good luck.

Trade closed: target reached

More