Hello and welcome to my Trade Idea of the currency pair USD/CHF.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe has 2 big bearish candles in the past which indicates bearish strength.
Weekly: On weekly we see a downtrend too with huge bearish candles.
Daily: Here we draw the strong trendline and wait for a break from the monthly and h4 support.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe has 2 big bearish candles in the past which indicates bearish strength.
Weekly: On weekly we see a downtrend too with huge bearish candles.
Daily: Here we draw the strong trendline and wait for a break from the monthly and h4 support.
Have a nice day.