The EUR/CHF rally stopped out after hitting the previous middle channel, just right after the market cut-off time. Probably liquidation of profits...
Price is way above the Bollinger Band (BB). 3 indicators are on overbought (OB) zone, 1h chart indicators already crossed. And it is at 74.6 fib of a previous major swing (1.6670 HI to 1.6462 LO).
Might be a good time to place a short hedge. I might be wrong. All care taken but take no liabilities. Trade it at your own risk.
Sell Oppotunity Arise
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