Short

USDCHF H4 | Bearish Reversal Off Pullback Resistance

105
Momentum: Bearish

Price is currently reacting to a sell entry at a pullback resistance level that aligns with the 38.2% Fibonacci retracement.

Sell Entry: 0.8068 (Pullback resistance, 38.2% Fibonacci retracement

Stop Loss: 0.8125
Swing high resistance

Take Profit: 0.8007
Overlap support, slightly above the 50% Fibonacci retracement.

Stratos Markets Limited (tradu.com/uk ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Stratos Europe Ltd (tradu.com/eu ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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