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USDCHF - Trend Change - Down Continuation expected
U.S. Dollar / Swiss Franc
Short
USDCHF - Trend Change - Down Continuation expected
By swissmoneymakers
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Updated
Dec 1, 2021
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Dec 1, 2021
Hi Traders!
*** Trade at your own risk! ***
Here is the summary of the setup:
Market was in Uptrend
MACD showed Divergence
Strong Bearish Momentum Movement
Due lower High + Low --> Trend Change
Pullback expected
Turn around at Selling Area expected --> Trade Short here
Trend Continuation expected
If you have any questions or another point of view, feel free to share them into the comments!
Thanks and successful Trading :-)!
Dec 1, 2021
Comment
Daily TF overview:
s3.tradingview.com/snapshots/c/cchcxV0h.png
Chart Patterns
Divergence
Technical Indicators
pullback
sellhighbuylow
Trend Analysis
trendchange
swissmoneymakers
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