USD/CHF is currently experiencing a downtrend across multiple timeframes, with the weekly, daily, and 4-hour charts indicating bearish momentum.
Key Levels:
Weekly Trend: Downtrend, indicating sustained selling pressure. Daily Trend: Downtrend, with control held by a supply zone. 4-hour Trend: Downtrend, with a supply zone nested within the daily supply area.
Technical Setup:
Timeframes: Weekly, Daily, and 4-hour Current Situation: The downtrend persists across all timeframes, with the 4-hour supply zone nested within the broader daily supply zone, presenting a potential trading opportunity.
Trade Opportunity:
Setup: The 4-hour timeframe shows a supply zone within the daily supply area, aligning with the overall bearish sentiment. Analysis: Given the dominant downtrend on higher timeframes, there is potential for continued bearish pressure. Entry Strategy: Consider short positions 4h highlighted zone
Risk Management:
Stop-Loss: Place above the 4-hour supply zone or based on your risk management strategy, considering potential retracements. Take-Profit: Target areas can target 1:3 RR
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.