USDCHF - Strong bearish engulfing short setup on the daily time frame.
Long term downtrend and strong upper bollinger band outbreak confirms this bearish engulfing short setup.
Great risk to reward trade. For safer entry set sell stop 3 pips below previous low.
Long term downtrend and strong upper bollinger band outbreak confirms this bearish engulfing short setup.
Great risk to reward trade. For safer entry set sell stop 3 pips below previous low.
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Related publications
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.