USDCHF | BEARS ARE IN THE MARKET TELLING YOU TO SELL
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Hello Forex Lions,
Today we are having a look at USDCHF, The reason I am placing this trade is simple, It recently broke a small yet important level of sensitivity, its now giving a nice pullback.
Also the moving averages started to curve, which indicates that the sellers are in the market, on the daily chart we also had a nice bearish engulfing candle, showing sellers in place.
Keep your first Take profit level around 30-40 pips then let trail accordingly
Hello Forex Lions,
Today we are having a look at USDCHF, The reason I am placing this trade is simple, It recently broke a small yet important level of sensitivity, its now giving a nice pullback.
Also the moving averages started to curve, which indicates that the sellers are in the market, on the daily chart we also had a nice bearish engulfing candle, showing sellers in place.
Keep your first Take profit level around 30-40 pips then let trail accordingly