Get started
ForexPotatoe

USDCHF Sell idea (Reversal trade)

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
ForexPotatoe  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Candlestick Analysis Multiple Time Frame Analysis USDCHF usdchfshort usdchfanalysis usdchfsell usdchfidea
1
0
trendanalysis candlestick mtfa usdchf usdchfshort usdchfanalysis usdchfsell usdchfidea
Confluences for the sell bias
Monthly timeframe - Downtrend
Weekly timeframe - Downtrend
Daily timeframe - Uptrend
Daily and 4H bearish divergence
4H Bearish engulfing
RSI Overbought
Double top
Price below Moving average
Since we have 2/3 timeframe as downtrend we are looking for sells plus all the other confluences.

Kindly leave a boost and follow if you like this sort of content
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.