Hey guys, how is you Monday going ?
I just spotted a nice short setup on USDCHF in the 4h timeframe. You can clearly see how price retested the resistance zone (marked in grey) and formed a divergence right there. After 3 waves of rise from the last lowest low, we expect price to break the upside trend line and correct to at least the 0.5 fibonacci level. We entered a short earlier this day but like most Mondays the price did not really move for now.
Lets crush this week again.
I just spotted a nice short setup on USDCHF in the 4h timeframe. You can clearly see how price retested the resistance zone (marked in grey) and formed a divergence right there. After 3 waves of rise from the last lowest low, we expect price to break the upside trend line and correct to at least the 0.5 fibonacci level. We entered a short earlier this day but like most Mondays the price did not really move for now.
Lets crush this week again.
交易進行
Trendline broken.
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