MEX_Exchange
Short

USDCHF testing major resistance, prepare to sell

FX:USDCHF   US-Dollar / Schweizer Franken
Sell below 0.9446. Stop loss at 0.9572. Take profit at 0.9264.
Reason for the trading strategy (technically):
Price is testing major resistance at 0.9446 (Multiple Fibonacci retracements, horizontal pullback resistance, bearish ichimoku cloud ) and we expect a strong reaction from here for price to drop further to 0.9264 support ( Fibonacci extension , horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance below 98% where a corresponding reaction could occur.

https://telegram.me/fxtradingroom --> join the waiting list for our free live trading room!
thank you
Antworten
Look at the one hour time frame please, what is going on? if that closes like a inverted hammer it will go down?
Antworten
Deutsch
English
English (UK)
English (IN)
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden