Pika7993

Technical sell with pullbacks

Short
FX:EURCHF   Euro / Swiss Franc
RSI is in the overbought zone while we are finding rejection at top resistance. Given the chart pattern I forecast a sell off to bottom support with pullbacks as mapped in the chart.

If the MACD line crosses down on signal this will help give a push further away from resistance.

Please comment with thoughts and ideas. Thank you.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.