"Trade Idea on USD/CHF" Short Setup by ThinkingAntsOk
4H CHART EXPLANATION:
We observe that price broke the Ascending Trendline and now it is consolidating on a corrective structure. This is a nice opportunity to trade since most of Major USD pairs are in similar situations, but we need to be careful because it could be a very volatile situation, so, taking short positions below the support zone could be a good decision.
DAILY CHART:
We observe that price broke the Ascending Trendline and now it is consolidating on a corrective structure. This is a nice opportunity to trade since most of Major USD pairs are in similar situations, but we need to be careful because it could be a very volatile situation, so, taking short positions below the support zone could be a good decision.
DAILY CHART:
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