Get started
francesgurton

USD/CHF - Short

Short
U.S. Dollar / Swiss Franc (OANDA:USDCHF)  
francesgurton  
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Technical Indicators Chart Patterns USD chf USDCHF Bearish Patterns Technical Analysis fundamentales Chart patterns Fibonacci Retracement trendtrading
5
0
trendanalysis indicator chartpattern usd chf usdchf bearish technicalanalysis fundamentales chartpatterns fibonacciretracement trendtrading
The possibility we could see price bounce off the support, to resistance and 0.382 Fibonacci level before the downtrend continues.

the entry point would be after:

Confirmed rejection at resistance and the 0.382 fib level (0.9050)
Bearish confluence among indicators (MACD, RVI)
Always in line with 4H EMA and the overall trend of currency (bearish)
Ensuring that any economic news surrounding USD is predicted in our favour or avoid the trade if the data forecast is agaisnt us.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.