FreeForexSignals4u

SHORT THEN LONG USDCHF

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
On the weekly chart we have started to consolidate on the C leg of a corrective ABC pattern. This consolidation is in the form of a wedge pattern. Taking it down to the hourly chart the wedge has not completed 3 waves down in the wedge and we have hidden divergence on the MACD. I expect to sell this from the psyco number back to were the hidden divergence began. The buy again from the trendline.

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