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HeriPardi
Oct 6, 2018 3:48 AM

USDCHF, Would it be a Bearish sign or just another correction Short

U.S. Dollar/Swiss FrancFXCM

Description

Here we can see on the H4 charts that the trend is still bullish, however, there looked to be a sign of a bearish reversal, or maybe just another correction, who knows. What i see is a divergence on the H4 charts between the price with the Macd oscillator and the stochastic oscillator, and there is also a bearish engulfing candlestick formed at the divergence area.

Going for a short
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