Fxprotrader
Short

USDCHF Potential Price Reversal

FX:USDCHF   U.S. Dollar/Swiss Franc
Price in USDCHF             clearly in a consolidation is moving into a rising channel . In MACD a bearish divergence shows that we might have a potential reversal so we should keep an eye for price to break below the channel, and then wait for a sell setup to complete..

Happy trading to all..!
Comment: Price broke below the channel and has retested the broken lower parallel.. based on your strategy watch for a sell setup before selling this market..
Comment: Another great example which shows that simple, clean wave patterns can offer massive trades.
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