USDCHF Potential Price Reversal

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..!

Comentarios:

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..

Comentarios:

Another great example which shows that simple, clean wave patterns can offer massive trades.