USDCHF - sell zoneExcellent level suppression.
Level breakdown.
In retest, you can enter with mathematical stop loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Usdhcflong
USDCHF approaching resistance, potential drop! USDCHF is approaching our first resistance at 1.0015 (61.8% Fibonacci extension, 50% Fibonacci retracement, Horizontal overlap resistance). where a strong drop might occur below this level pushing price down to our major support at 0.9956 (50% Fibonacci retracement, Horizontal swing low support).
Stochastic is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.