Hello Traders,
In this Analysis you can see that the USDCHF price on the 30-minute chart is hitting a resistance level at 0.93540, there is a possibility for a SELL position.
What we look for:
short positions below 0.9385 with targets at 0.9330 & 0.9315 in extension.
If trend will change:
above 0.9385 look for further upside with 0.9405 & 0.9425 as targets.
My entry details:
- Entry Level: 0.93540
- Take Profit level: 0.93150
- Stop Loss level: 0.94050
- Risk: 1% of balance
*This Analysis is for educational purposes only and is not financial advise.
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