USDCHF short
If you start with the daily timeFrame you will see that the market has hit a resistance zone and it has formed a doji candlestick at that level.
The formation of the doji shows that the market is indecisive and that the market is potentially ready to reverse.
On the 4hr timeFrame the market has hit the zone twice while having a lower divergence showing that the bears are getting in control of the market.
I will suggest to play your first Take Profit at around 0.98 to be safe and your second take profit lower.
I would really appreciate if you could hit the like button and follow me on intagram; APastorFx
The formation of the doji shows that the market is indecisive and that the market is potentially ready to reverse.
On the 4hr timeFrame the market has hit the zone twice while having a lower divergence showing that the bears are getting in control of the market.
I will suggest to play your first Take Profit at around 0.98 to be safe and your second take profit lower.
I would really appreciate if you could hit the like button and follow me on intagram; APastorFx
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