Deus
Short

Short-term trade in USDCHF

FX:USDCHF   U.S. Dollar / Swiss Franc
112 2 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.
Trade was not activated and deleted.
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on the Asia opening the market gaped higher, RSI indicates approaching reversal. Trade is still valid but entry is likely to be reconsidered.
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