over the cliff?

USDCHF smells like a reversal for days but it seems that we are now reaching the tipping point.

We have it all: momentum divergence at a double top, break of the MA with increasing sell-side momentum and a shift on the DXY as well.

The hurdle right now is the trendline but a break (and retest) of the trendline could open the floodgates for more selling. The downside potential is huge on this one.