USDCHF | Double Top

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Initiate Short.

Entry - 0.96204
TP1 - 0.95412
TP2 - 0.94135
TP3 - 0.92909
TP4 - 0.91811
SL - 0.96460

Reason: Double top. Price lost First strong horizontal support and breaking out of the Range. We short it with a tight stop-loss, because the decline is expected to be sharp.

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.