USDCHF has been moving in a downtrend toward a significant upper trendline, it appears to still have bullish momentum to reach the trendline,
A short entry can be considered at a retest of the downward trendline or a clear break and close of the short-term upper trendline on the 1 hour timeframe,
Price has formed a bullish corrective structure.
A short entry can be considered at a retest of the downward trendline or a clear break and close of the short-term upper trendline on the 1 hour timeframe,
Price has formed a bullish corrective structure.