Foralex

USD/CHF : Sell setup (RR:5)

Short
Foralex Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Hey guys !

Potential short setup on usdchf . ( High risk reward )

Accumulation of :
- Rectangle strucutre
- Breakout & retest of current uptrend
- Double fibonacci retracement (61.8+88.6)
- Few trendlines
- 80% Overbought based on stochastic
- Heading to my weekly buy setup ( watch below )

Good luck ! :)

 
Trade closed: stop reached
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.