USDCHF - Trend Change - Down Continuation expected

Updated
Hi Traders!

*** Trade at your own risk! ***

Here is the summary of the setup:
  • Market was in Uptrend
  • MACD showed Divergence
  • Strong Bearish Momentum Movement
  • Due lower High + Low --> Trend Change
  • Pullback expected
  • Turn around at Selling Area expected --> Trade Short here
  • Trend Continuation expected


If you have any questions or another point of view, feel free to share them into the comments!



Thanks and successful Trading :-)!
Comment
Daily TF overview:

s3.tradingview.com/snapshots/c/cchcxV0h.png
Chart PatternsDivergenceTechnical IndicatorspullbacksellhighbuylowTrend Analysistrendchange
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