USDCHF downtrend confirmed?M structure formed back for third leg
Very crucial moment with USDCHF, price broke through key area as it was a bit expected and now instead of reversing from the key area, it decided to move up a bit more. towards the descending trendline whicch just crossed paths with the upwards channel. We'll enter a SELL NOW position with a small stop loss to test it out.
USDCHF SELL
start: 0.99194
stop loss: 0.99448
take profit: 0.98285
USDCHF SELL
start: 0.99194
stop loss: 0.99448
take profit: 0.98285
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