USDCHF Comment bellow what you think!
If you have some knowlege comment bellow please what you think will happen :D
So what I think is:
The main price action, talking about the trend lines , trend channel, the double top and still have a strong rejection in both sides and is also a rejection at higher time frames makes me think that is possible to still going down and break this strong support zone .
I think this because it seems the trend line channel got a breakout and is maybe retesting now.
But the confusing part is all the bulish moments, that everytime are very strong. And this strong candles should not make sense here.
So what I think is:
The main price action, talking about the trend lines , trend channel, the double top and still have a strong rejection in both sides and is also a rejection at higher time frames makes me think that is possible to still going down and break this strong support zone .
I think this because it seems the trend line channel got a breakout and is maybe retesting now.
But the confusing part is all the bulish moments, that everytime are very strong. And this strong candles should not make sense here.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.