USDCHF - Short
Price is moving down a channel in a bearish trend creating higher lows and lower lows.
We can see here price struggled to break past the key level and test the higher lows which means logically it is on its way down to test the bottom of the channel and create a new lower low.
only 30+ pips but still a nice pick.
We can see here price struggled to break past the key level and test the higher lows which means logically it is on its way down to test the bottom of the channel and create a new lower low.
only 30+ pips but still a nice pick.
Note
Stop Loss hunted. Unfortunate loss but we keep moving.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.