The USD/CHF pair on the H4 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Days. USDCHF
Key Points:
Sell Entry: Consider entering a short position around the current price of positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: 1st Support – 0.8689 2nd Support – 0.8619
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING Thank you.
עסקה פעילה
Take Entry now
הערה
Fundamental Updates :
1. The Swiss Franc often acts as a safe-haven currency during times of geopolitical tensions.
2. Any escalation in global tensions or negative economic news could strengthen the CHF and weaken the USD/CHF pair.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.