EURCHF Short Setup
The bearish divergence is already taking place on the H4 chart. At this place or even after another push higher (potential false break) we should be looking for a breakout below the up trend line (blue).
To recap – wait for a break below the up trend line, wait for a small pullback and short.
Stop Loss – place the stop loss above last high to be created.
Target 1 – 1.0900.
Target 2 – 1.0830.
To recap – wait for a break below the up trend line, wait for a small pullback and short.
Stop Loss – place the stop loss above last high to be created.
Target 1 – 1.0900.
Target 2 – 1.0830.
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