Price bouncing off the 1D time-frame resistance

Counter-trend trade. USDCHF in a downtrend currently bouncing off a S/R line drawn based on 1D time-frame. The 4-hour time-frame gave a few pin bar signals already giving us a reason to enter a short-term long position.

Trade geschlossen: Ziel wurde erreicht:

First target at 0.9636 reached