USDCHF: Widening Wedge Bearish setup
Hello traders this is my weekend analysis on this pair
1. Fundamental: i'll keep it simple
- USD: Fall- watch Trump and Fed's words
- CHF: Rise- Globe Economy is in crazy mode.
2. Weekly
- Where are we? Touched this Support 3rd time and currently in a falling trend.
3. Daily:
- If it goes bearish, this position is still great even though a bit too late to enter position
- High volume in recent downward price
However, price haven't break this support, pattern can be not valid.
Happy and safe trading!
1. Fundamental: i'll keep it simple
- USD: Fall- watch Trump and Fed's words
- CHF: Rise- Globe Economy is in crazy mode.
2. Weekly
- Where are we? Touched this Support 3rd time and currently in a falling trend.
3. Daily:
- If it goes bearish, this position is still great even though a bit too late to enter position
- High volume in recent downward price
However, price haven't break this support, pattern can be not valid.
Happy and safe trading!
Komentarz:
Failed setup
