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TradersChoice_Kieran
Jul 15, 2019 3:41 PM

Correction = Downtrend USDCHF Short

U.S. Dollar/Swiss FrancFXCM

Description

Price following this large downward channel after breaking out of the daily trendline a few weeks ago. Now within this smaller, rising channel. We can see a breakout although price seems to be creating a potential correction for further continuation. Looking to go short on the breakout of this correction trendline down to the bottom of this current rising channel, with the larger downward trendline in extension.
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