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swissmoneymakers

USDCHF - After Ranging - New Downtrend?

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
swissmoneymakers  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns rangingmarket trendchange
5
0
trendanalysis chartpattern rangingmarket trendchange
Hi Traders!
The market is in an uptrend.

As you can see the market was in a strong uptrend, but then a consolidation started.
After the consolidation the market is moving into the lower side.
That's why it is possible to make a new downtrend.

We recommned to sell during strong momentum.

Thanks and good luck :)!
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