EURCHF Short (Sell) Trade Setup

We've got a bearish engulfing candle closed on the 2-hour timeframe and price is rejecting from the key level. We are looking to potentially short this pair. Final targets would be the green zone of interest but we may trail our stops if the momentum is strong to keep going.

Yorum:

Price came back as anticipated but closed higher. Although this gives us a slightly better entry point, we need to wait for more confirmation.