USDCHF - Bearish
Traders,
Currently i am looking to short the USDCHF if all entry criteria's are met.
We've got a bearish trend.
After the price pushed back up into the previous support area of the previous outside return we got a double bottom after a wedge breakout.
These signals all indicate that the market could continue bearish.
Be aware that because the price made such a big move up into the support area this could be a sign that the trend is weakening. And the bulls are strong
Currently i am looking to short the USDCHF if all entry criteria's are met.
We've got a bearish trend.
After the price pushed back up into the previous support area of the previous outside return we got a double bottom after a wedge breakout.
These signals all indicate that the market could continue bearish.
Be aware that because the price made such a big move up into the support area this could be a sign that the trend is weakening. And the bulls are strong
Note
Support is holding.
I assume this is gonna be a losing trade because the price pushed higher after we entered near our stoploss. but the 240 chart is showing signs of a selloff.
We may seem some bearish movements.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.