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ThinkingAntsOk

USD/CHF Downside Move Continuation? By ThinkingAntsOk

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
ThinkingAntsOk  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Support and Resistance Multiple Time Frame Analysis USD chf USDCHF short Bearish Patterns analysis setup signal
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trendanalysis supportandresistance mtfa usd chf usdchf short bearish analysis setup signal
🔸 4H CHART EXPLANATION:
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🔸 Price broke the Corrective Structure.
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🔸 It did a pullback and was rejected (can be better appreciated on a lower timeframe).
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🔸 We consider that the bearish move can reach the lower trendline of the Weekly Descending Trendline.
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🔸 Will look for a lower timeframe bearish setup.

🔸 DAILY CHART ANALYSIS:

snapshot

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