Symbol: USDCHF
Timeframe: 4H
Bias; Short
Signal Analysis: USDCHF will get an edge when the current price will reach nearest resistance level at our entry price. Then it will go down and will try to reach the downward fibo levels and ultimately reach to the support level. There is a greater chance of USDCHF to oscillate between support and resistance level and that is why trade should be triggered wisely to avoid unwanted losses.
Timeframe: 4H
Bias; Short
Signal Analysis: USDCHF will get an edge when the current price will reach nearest resistance level at our entry price. Then it will go down and will try to reach the downward fibo levels and ultimately reach to the support level. There is a greater chance of USDCHF to oscillate between support and resistance level and that is why trade should be triggered wisely to avoid unwanted losses.
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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.
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.