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USDCHF H4 Chart Overview And Trade Opportunity

USDCHF H4 Chart Overview And Trade Opportunity

Technicals and Fundamentals:

Safe Haven Demand

Engulfing Candle

Resistance Rejected

OSMA Divergence H4 Chart

Short Trade Intraday

Short at Market 1.0094

Stop: Above 1.01100

Target 1: 1.00700 /

Target 2: 1.00400

The near term trend reversal is H4 Closing Below 1.00700

A Bullish Shark Pattern would be completed at 1.00600 which can be used for scalping. I will publish the details later.



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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

USDCHF: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

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