globalfxkingz
Short

USD/CHF SELL OPPORTUNITY

OANDA:USDCHF   U.S. Dollar / Swiss Franc
As we can see here on the USD/CHF chart that this pair has been trending in a significant steep down trend. This pair has been creating constant lower and lower lows. The market was in a downward tunnel and then broke down to new lower low areas, once this break happened it came to create a new support trend line , to then move back into the tunnel for the last time, before breaking down for the second time before breaking down and testing the newly made support trend line , market then created new confirmation of structure and moved back to the upside to test the original broken tunnels support as a new resistance level . This level it has reached is also a strong reversal area, and price has just tested that area 2 times to create a miniature double top . Strong signs of a change in momentum are being shown to move back to the downside areas. Due to this type of pattern with more confirmation of structure we are looking to take a strong sell for market to move in our favour to the downside.
Nice Analysis, I leave like to your chart, leave us a like aswell please :)
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