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mrleh

USDCHF downtrend confirmed?M structure formed back for third leg

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
mrleh  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns Beyond Technical Analysis USDCHF USD chf usdchfshort SELL short lehforex LIT
9
0
trendanalysis chartpattern beyondta usdchf usd chf usdchfshort sell short lehforex lit
Very crucial moment with USDCHF, price broke through key area as it was a bit expected and now instead of reversing from the key area, it decided to move up a bit more. towards the descending trendline whicch just crossed paths with the upwards channel. We'll enter a SELL NOW position with a small stop loss to test it out.

USDCHF SELL
start: 0.99194
stop loss: 0.99448
take profit: 0.98285

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