UsmanFarouk

USDCHF is likely to make a Bearish Reversal on 1H and 4H TFs

Satış
OANDA:USDCHF   ABD Doları / İsviçre Frankı
The pair is in uptrend and has been printing HHs and HLs on 1H and 4H timeframes. However, it has recently shown a bearish divergence on RSI on both timeframes. Using the principles of DOW theory and timeframe confluence, I have drawn a short bias and established my short entry on break below last HL, as marked on the chart in BLUE. A RRR of 1:1 has been maintained for the position, with TP and SL marked on the chart.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.