USDCHF Short-Term short Idea
waiting for a momentum break below 0.99650 to sell this one
Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Channel (in blue)
3- Rejection zone and round number 1.000
4- Long-term Channel restest from Daily timeframes
Four confluences are enough to consider shorting USDCHF, after a break below 0.99650 (in black)
waiting for a momentum break below 0.99650 to sell this one
Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Channel (in blue)
3- Rejection zone and round number 1.000
4- Long-term Channel restest from Daily timeframes
Four confluences are enough to consider shorting USDCHF, after a break below 0.99650 (in black)