danielfokchunhoe

USD/CHF overbought, awaiting bearish reversal

danielfokchunhoe 已更新   
FX:USDCHF   美元 / 瑞士法郎
USD/CHF has rebounded away from the 70 RSI overbought level on the daily time frame and has rebounded from the trendline on the daily time frame.. On the H4 time frame, a head-and-shoulders pattern is forming.

Possible entry points:

1) On market open on 05/11/2018 when H4 shows any bearish candles, indicating that the latest circle on the H4 chart above is a lower high. (riskier)
2) After completion of the head-and-shoulders pattern on H4 and bearish rejection of neckline

Noteworthy price level(s): 0.9960 (acted as resistance/support level since 23/10/2015


Stop loss: 1.0120 (just above the last high on the daily time frame with some room for stop hunts)

Target Price 1: 0.9980

Target Price 2: 0.9880

Target Price 3: 0.9820

Target Price 4: 0.9760
評論:
Added to position @1.00432 on 07/11/2018
免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。