USDCHF - Strong bearish engulfing short setup (D)

USDCHF - Strong bearish engulfing short setup on the daily time frame.

Long term downtrend and strong upper bollinger band outbreak confirms this bearish engulfing short setup.

Great risk to reward trade. For safer entry set sell stop 3 pips below previous low.
Candlestick AnalysischfDaily ChartsEngulfing Candleh4SELLshortSupply and DemandUSDUSDCHFWeekly Charts

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