USDCHF H4 Sell: Top of channel & Resistance rejection
USDCHF H4 Sell:
- H4 Resistance holding up
- At top of trend channel
- Starting to see rejection of resistance area
Need confirmation:
- Daily closure below resistance and within our channel
- May be able to get a better entry if we wait for price to touch the top channel again.
Entry:
- Enter between: 0.99750-0.99850
- Stoploss: 1.00100-1.00000
- Take profit: 0.98800-0.98700
- H4 Resistance holding up
- At top of trend channel
- Starting to see rejection of resistance area
Need confirmation:
- Daily closure below resistance and within our channel
- May be able to get a better entry if we wait for price to touch the top channel again.
Entry:
- Enter between: 0.99750-0.99850
- Stoploss: 1.00100-1.00000
- Take profit: 0.98800-0.98700