USDCHF Sell Position. FIB hit and double top formation
Rejection off Resistance
Hitting MA200 1hr twice
Double top formation
Break of neckline
21/8 crossover
Hitting 50-61.8% fib lvl
Looks to be bearish for the moment. I would continue to monitor.
Hitting MA200 1hr twice
Double top formation
Break of neckline
21/8 crossover
Hitting 50-61.8% fib lvl
Looks to be bearish for the moment. I would continue to monitor.
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.