USDCHF SELL
Apart from the fact that USDCHF most times goes against GU and EU... that is what is keeping me out of this trade at the moment. But i'mma share it anyways.
In a plenty of few days back USDCHF broke above a daily downtrend line that started midway on the second daily LH which the first High is at 1.01469 then the 2nd LH at 0.94375 while the 3rd high is at 0.92200... but on a 4hr tf, it has created an uptrend which has been broken now by the move up, but low and behold there's been an impulsive move down against the 4hr trendline and a BS which validates a sell position from 0.90830 to 0.88767 in my opinion.
In a plenty of few days back USDCHF broke above a daily downtrend line that started midway on the second daily LH which the first High is at 1.01469 then the 2nd LH at 0.94375 while the 3rd high is at 0.92200... but on a 4hr tf, it has created an uptrend which has been broken now by the move up, but low and behold there's been an impulsive move down against the 4hr trendline and a BS which validates a sell position from 0.90830 to 0.88767 in my opinion.
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