Jacksonian
Short

USD/CHF Short, Divergence

FX:USDCHF   U.S. Dollar/Swiss Franc
As shown, there are 2 things that will push it down. The MACD and the ADX . There is divergence in the MACD , therefore, there is already a ticking bomb to push it down. Also, in a book by Linda Bradford Raschke, we have a 10-bar divergence signal. The ADX is low, meaning that strong movement will be made, and with the MACD showiing lower highs than previous, There should be a strong movement down.
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