USDCHF two possible scenarios

Jun 18, 2020

on DAILY: USDCHF is sitting around resistance so we will be looking for objective sell setups on lower timeframes.

on M30: we are waiting for a new swing to form around our lower red trendline to consider it objective and enter on its break downward as a trend-following setup.

or we are waiting for a new swing to form around our upper blue trendline to consider it valid and enter on its break upward.