Dólar Americano/Franco Suíço
Short

USDCHF H4 LONG PRICE ACTION FORECAST -UPDATE-

156
With nothing in between able to hold the free fall of the USDCHF, we could keep trying to accumulate additional pips. In a current consolidation, the price action has formed what is known as a bearish engulfing candle pattern, signaling the bears' readiness to continuing diving-in pushing to price to the deepest level.

DXY, on the other hand, continue under the sellers' realm, with the price action heading towards the pandemic levels in last March.

The order:
Type: sell-limit
S/L: 47 pips - R:R | 1:2 -
T/P: aiming towards a confluence level allowing 1:2

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