USDCHF 4hour: SELL at market TP +200(NEW)

31 May 2020

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USDCHF 4hour: SELL at market TP +200(NEW)

🔸 Summary and potential trade setup
::: USDCHF 4 hour chart review
::: extremely weak chart
::: distribution in range
::: further losses next 1-2 weeks
::: strategy: SHORT at market TP 9400
::: fundumentals support lower prices
::: TP bears 9400
::: JUNE strong month for CHF
🔸 Supply/Demand Zones
::: fresh demand 9500
::: fresh demand 9400
🔸 Other noteworthy technicals
::: TD9/Combo update: N/A
::: Sentiment: BULLS
::: Sentiment outlook short-term: BULLISH