USDCHF Sell Idea
W1 - Price is moving inside a triangle pattern and is currently nearing the bottom of it.
H4 - Bearish hidden divergence.
H1 - Potential double wave with second leg developing.
We may expect one more push higher towards the critical zones with the price creating bearish divergence.
We may then start looking for sells with more bearish evidences towards the bottom of the weekly triangle.
Invalidation - If the price breaks and holds above the critical zone (marked in yellow) then this sell setup would be invalidated.
H4 - Bearish hidden divergence.
H1 - Potential double wave with second leg developing.
We may expect one more push higher towards the critical zones with the price creating bearish divergence.
We may then start looking for sells with more bearish evidences towards the bottom of the weekly triangle.
Invalidation - If the price breaks and holds above the critical zone (marked in yellow) then this sell setup would be invalidated.
Feragatname
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