USD/CHF Long-Term Trend: Bearish

Key Resistance Levels: 0.87656, 0.88491, 0.88950
Key Support Levels: 0.87153, 0.86859, 0.86501
Daily Chart:
The price on the higher time frame has been in a downtrend recently after it faced resistance at the 0.90837 level and reversed back. The pair has continued to break a few support levels which suggests further trend continuation.
USD/CHF Medium-Term Trend: Bearish

1-Hour Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It faced resistance at the 0.88491 level and started a downward momentum. As of now the pair has broken a support level of 0.87656 and retested before continuing the momentum.
Signal Idea:
Sell Limit Order @ 0.87468
TP @ 0.87202
Stop Loss @ 0.87734
Trade Safely 🙂
This setup hit the SL again, I realised this has been the case for the past 2 trades. Care to explain why?
Trade didn’t hit SL, it hit breakeven, which means 0.
I missed this trade because I wasn’t online when you posted it. Please at what time do you post such everyday. I am on GMT+1.
It’s not the same time every day, but it’s pretty much always published by 8am EST, before NY open. Sometimes they show up earlier.