USD/CHF
3rd test of the resistence of this channel
FIBO 71% potential retest and move down
1) break support and retest 2) respect support and rise
Impulsive down move, break SUPPORT zone, potential retest and make RESISTENCE, than other impulsive down move in the way of trend (downtrend)
Make retest of trendline STOCHASTIC - overbought zone - price can go down
What do you think ?
UPTREND line break RESISTENCE wait for making SUPPORT and potential growth
Wait for testing support zone STOCHASTIC - oversold zone, waiting for crossover
Price reaches support zone Stochastic - oversold zone, indicates potencial growth
