okoukonicharles

EURCHF Short Trade Setup

Short
FX:EURCHF   Euro / Swiss Franc
A #short trade opportunity recently presented itself on the #euroswissy (#EURCHF) #trading chart 📉.

This is indicated by the #bearish harami candlestick 🕯️ pattern just below the 0.98469 horizontal resistance level.

This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell).

Sufficient downward momentum should see price dumping towards the 0.94000 psychological level and possibly testing the strength of the 0.93033 horizontal support level.

As always, please apply appropriate risk management.

Happy trading!

#crosspair
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