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usama18172

Week 07 | USDCHF | Short Position | H1 | 29-07-2022

Short
U.S. Dollar / Swiss Franc (OANDA:USDCHF)  
usama18172  
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns USDCHF usdchfshort forexsignals forextrading
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trendanalysis harmonicpatterns chartpattern usdchf usdchfshort forexsignals forextrading
The US Dollar against the Swiss Franc is currently in a bearish mood. The previous bull run was finished and now the current price is below fib 0.786 level. Bearish engulfing candles show that there is still pressure of bears which means we can take short position at this stage. Lower highs are formed which confirms the bearish trend.
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