USDCHF Medium cycle
USDCHF in a bullish channel now.
but its broke that and now the bearish trend can start.
something that makes me doubt is that the price just hit channel line 2 times.
and usually the channel lines can reversal price 3 time.
so its show that this scenario is risky.
but i understand some reasons that show that the bearish trend can start :
1. the lower heights and lower lows.
2.the big break candle
however i think it doesn't last long and it can revers at 0.88735 because ,
its broke channel sooner than is should be and maybe its emotional break.
Its just my personal comment please don't trade whit this.
I have no responsibility for your money.
but its broke that and now the bearish trend can start.
something that makes me doubt is that the price just hit channel line 2 times.
and usually the channel lines can reversal price 3 time.
so its show that this scenario is risky.
but i understand some reasons that show that the bearish trend can start :
1. the lower heights and lower lows.
2.the big break candle
however i think it doesn't last long and it can revers at 0.88735 because ,
its broke channel sooner than is should be and maybe its emotional break.
Its just my personal comment please don't trade whit this.
I have no responsibility for your money.
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