USD/CHF's failure to re-test Fri's high of 1.0328, followed by a dip to 1.03 along with a overbought RSI on the 4-hour timeframe indicates the spot could re-test the Jan 2015 high of 1.0240, followed by a sideways action before making another attempt at 1.0330 (long term trend line resist).
Trade - Sell 1.03 target 1.0240 stop loss 1.0335
Trade - Sell 1.03 target 1.0240 stop loss 1.0335
Trade closed manually
Profit booked at 1.0272
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.