USDCHF | BEARS ARE IN THE MARKET TELLING YOU TO SELL

223
SUPPORT MY IDEAS BY SMASHING LIKE AND GIVING A COMMENT!

Hello Forex Lions,

Today we are having a look at USDCHF, The reason I am placing this trade is simple, It recently broke a small yet important level of sensitivity, its now giving a nice pullback.

Also the moving averages started to curve, which indicates that the sellers are in the market, on the daily chart we also had a nice bearish engulfing candle, showing sellers in place.

Keep your first Take profit level around 30-40 pips then let trail accordingly

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.