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USDCHF - Strong bearish engulfing short setup (D)
U.S. Dollar / Swiss Franc
Short
USDCHF - Strong bearish engulfing short setup (D)
By justinholtgrave
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Feb 8, 2021
1
Feb 8, 2021
USDCHF - Strong bearish engulfing short setup on the daily time frame.
Long term downtrend and strong upper bollinger band outbreak confirms this bearish engulfing short setup.
Great risk to reward trade. For safer entry set sell stop 3 pips below previous low.
Candlestick Analysis
chf
Daily Charts
Engulfing Candle
h4
SELL
short
Supply and Demand
USD
USDCHF
Weekly Charts
justinholtgrave
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