Fomenka

Short-term trade in USDCHF

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
1
On daily chart the bounce is facing 200MA resistance. RSI indicated divergence. Pinbar and dodgy on 4H against resistance level + Elliott Wave pattern is present. Seems like enough evidence to short Swiss. Corrections are usually choppy so this shall be regarded as high risk trade.

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