USDCHF sell

Updated
1. Daily, and 4H bearish
2. The price hit a resistance zone
3. Price is under 8EMA
4. Head and Shoulder pattern
5. 2H bearish engulfing
6. 50% Fibbo retrace

I will short till a new low is created on 4H restulting in 1:2R
Trade active
Price retraced a bit so i entered right now
Trade closed: stop reached
SL HIT.. usualy i put SL ast BE at 1:1.5R but it had potential..
Next time we will do better.
Fundamental AnalysisTechnical Indicators

Disclaimer