USD/CHF overbought: short idea on H4

Hi Traders,

As USD/CHF became overbought on H4 chart, it gives a good countertrend opportunity to short this pair. In addition a bearish candle is about to form in the current resistance zone.

Entry strategy: wait for bearish candle cross below 0.9830


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Kommentera:

Still waiting for entry signal.

Order avbruten:

Idea became invalid. Price went above resistance zone.

Kommentera:

Thanks to the proper entry strategy we didn't take this trade.