USD/CHF setup 28/3/18steemCreated with Sketch.

in #trading • 7 years ago

USD/CHF 1H

Hello, fellow Steemians!
we can see a retest of the highs 4 trading days ago at 0.8951. This pair shied away from the resistance yesterday and it is testing it again right now.

If there is a substantial close above this resistance, i would look for a long entry at the resistance-turned-support 0.8951 level for a TP at 0.954 level as we may see some resistance action there.

If we see another bearish candle price action, the price may start to move downwards away from this resistance to 0.9428 level therefore, if this happens i would short at the close of the bearish candle

DYODD and happy trading guys!

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7 years ago in #trading by
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