USDCHF H4 I Bearish Reversal Based on the H4 chart, the price is rising toward our sell entry level at 0.8948, aligning with the 50% Fibonacci retracement.
A rejection at this level could drive prices lower toward our take profit at 0.8888, a swing low support.
The stop loss is set at 0.8990, a pullback resistance.
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Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Losses can exceed deposits.
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