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idris_m

EURCHF SHORT

Short
Euro / Swiss Franc (FX:EURCHF)  
idris_m Updated   
FX:EURCHF   Euro / Swiss Franc
Support and Resistance Fibonacci Trend Lines 24hrtradingacademy short EURUSD USDCHF EURCHF
6
4
supportandresistance fibonacci trendline 24hrtradingacademy short eurusd usdchf eurchf
A good SELL opportunity due to the fact that the current market is on a ranging market as well as the fact that it is high on RSI. We can therefore anticipate a drop.

There is further confluence when we consider the fact that the top linear level had been rejected previously 3 times.
Trade closed manually
Comment:
possible re-entry at 1.48
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