$USDCHF | Potential Stopping Point?

מעודכן
With USDCHF at extreme overbought levels and rejection from the previous resistance along with the long candle stick, we are looking at a short for the Swiss Franc with a stop loss set above the entry candle and take profit below the 20 MA and 50 EMA right above the 200 EMA. I think for the time being we trade in this channel here highlighted by the blue lines, which designate a short term (DAILY time frame) support and resistance whereas the zones are more longer term. (WEEKLY time frame)
עסקה פעילה
Numbers highlighted by drawing of entry, take profit and stop loss
bollingerbandstrategyChart PatternsForexHarmonic Patternspriceactiontradingrsi_overboughtshortsupportandresistancezonesswingtradingTrend AnalysisUSDCHFusdchfshort

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