Get started
HayatoDragonFX

USDCHF, 4hr tf, sell on weekly resistance

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
HayatoDragonFX  
FX:USDCHF   U.S. Dollar / Swiss Franc
Support and Resistance Supply and Demand Candlestick Analysis USDCHF usdchfshort usdchfsell usdchftrade priceaction priceactiontrading zonetrading zone
2
0
supportandresistance supplyanddemand candlestick usdchf usdchfshort usdchfsell usdchftrade priceaction priceactiontrading zonetrading zone
Hello everyone,

USDCHF also on interesting level to sell as well.
As you can see 0.8900 acted as weekly resistance for now.
We might see price rejected to the downside so a sell position looks favorable.

Notice also the last 4hr candle also a bearish pinbar candle so i am pretty sure bears in control for now

Sell USDCHF 0.8890
Stop loss 0.8925
Take profit 0.8830 (1.7R)

RR Ratio 1 : 1.7
Use only 1-2% risk
Good luck
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.