USDCHF: Example of Short Trade

What do you think about such a short trade? The daily chart gave us bullish signals, but the price can retest the support zone. If so, the 1H timeframe will be able to give us a short trade. If the price breaks the local uptrend line, it will be possible to open short trades with stop orders above the local swing high and the profit target at the support zone.



Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.