Since USDCHF is in an overall downtrend, I am expecting for it to close above its lower support and resistance and continue to go for a SELL. Unless it breaks above, and hits my golden zone, thats where I would enter for a BUY.
I'm expecting for this pair to do a mini pull back for a BUY, then shoot right back down for a sell because it seems to be forming a reversal zone, and transition into a down trend.
I marked this up last week and forgot to also publish this, but I will be publishing a new update for this weeks analysis on BTCUSD
As you can see, my BTC successfully hit my take profit (green dashed line).
