EUR/CHF Massive Volatility Increase - Short Opportunity

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Hey all, here’s another entry on my tradingview series called 'Quick Updates'.

We can see here an overbought RSI together with a price that hit the resistance area. This is a nice confluence of two indications a temporary top has been seen. I expect the price to start a downtrend now and retrace towards the lower support level.

--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.

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- Trading Guru

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!

トレード終了: 利益確定目標に到達
What a beauty!

スナップショット

Really clean support and resistance trade. Congrats everyone who participated in the trade!
chfEUReuroForexforexsignalsforextradingforextradingzonesTechnical IndicatorsquickupdatesSupport and ResistanceswissfrancTrend Analysis
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