U.S. Dollar / Swiss Franc
Short

Short-term trade in USDCHF

128
On daily chart the bounce is facing 200MA resistance. RSI indicated divergence. Pinbar and dodgy on 4H against resistance level + Elliott Wave pattern is present. Seems like enough evidence to short Swiss. Corrections are usually choppy so this shall be regarded as high risk trade.

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.