Cenotaph
Short

USDCHF Lower low next week, sell

FX:USDCHF   U.S. Dollar / Swiss Franc
This pair is still in a clear downtrend as shown by the pitchfork channel. If the indecision from last week turns into more bearish movement, there should be a lower low forming. Enter this trade for a move down to previous Resistance zone and possibly further down.
Be aware of the strong SR zone where price stalled previously, this can be a partial take profit zone.

Comments or idea's, please do share :)

Thanks for reading!
Comment: After the Asia session, the price is starting to move down towards the zone I would consider to enter. Waiting for confirmation
Trade closed manually: Half way a reversal as was predicted there could be problems around this SR zone.

Comments

Wedge forming, when it breaks the trade is active.
Reply
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