USDCHF is still following an up-channel, although sellers seem to be quite strong now and are attempting to break this chart-pattern, pushing the price down. We have had some signs that buyers are still trying to buy at the bottom of the up-channel, like the good hammer with the lower shadow on the channel and last candle that represents a good reaction. A breakout of the channel is still possible, but with a risk to reward ratio that is better than 1:4, I think this is a trade that we should have.
Trade closed manually
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Trade removed at the entry point because price outside the channel.