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U.S. Dollar / Swiss Franc
Short

USDCHF SE

88
We are currently in a descending channel here in USDCHF. Price has broken through the previous support and is now testing it as resistance. Price is also Having A big wick rejection at the support while also rejecting the moving averages ( 50 &20 EMA) and the trendline. I believe price will fall pretty heavily here to the next support level. Im shorting here.
jacolbywilliams11
breakandretestChart PatternsDescending ChannelFundamental AnalysisParallel ChannelshortTrend Analysisusdchfshort

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breakandretestChart PatternsDescending ChannelFundamental AnalysisParallel ChannelshortTrend Analysisusdchfshort
jacolbywilliams11

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.