USD/CHF Potential Sell - Daily Timeframe Analysis
Hello Traders!
On the daily chart, I notice a failure to break the resistance zone @.9800 followed by a failure to form a higher high.
There is a morning star candlestick formation.
Symmetrical triangle formation.
We can see a selling opportunity approaching and watch for a trendline break for higher profits.
Entry: 0.97014
S/L: 0.97394
TP1: 0.96308
TP2: 0.0.95024 (If trendline is broken)
On the daily chart, I notice a failure to break the resistance zone @.9800 followed by a failure to form a higher high.
There is a morning star candlestick formation.
Symmetrical triangle formation.
We can see a selling opportunity approaching and watch for a trendline break for higher profits.
Entry: 0.97014
S/L: 0.97394
TP1: 0.96308
TP2: 0.0.95024 (If trendline is broken)
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