USDCHF OUTLOOK
Price trading inside bearish channel and has met with resistance at the previous support zone. This could potentially be a scenario where support becomes resistance, indicating a potential opportunity for a sell.
We had already marked the Key Level, but will make sure to look out for the price action before making any entries.
Impulse Short entries can be taken once price rejects that region.
We had our sells set up with potential downside in the R:R ratio of 1:3.
Price trading inside bearish channel and has met with resistance at the previous support zone. This could potentially be a scenario where support becomes resistance, indicating a potential opportunity for a sell.
We had already marked the Key Level, but will make sure to look out for the price action before making any entries.
Impulse Short entries can be taken once price rejects that region.
We had our sells set up with potential downside in the R:R ratio of 1:3.