A potential sell signal on the CHF/USD currency pair has emerged due to the formation of a double top pattern on a resistance level. This pattern indicates a potential reversal of the previous upward trend and suggests that a downward movement could follow. Traders considering this setup may look for a target price of 1.0996 and set a stop-loss order at 1.1567 to...
CHFUSD instrument shows bearish trend at 1H TF. Confluence include bearish candlestick, fundamental dow theory, trendline acceptance. TP1 and TP2 have high probability to hit.
