USDCHF - POSSIBLE SELL LOADING...

Hello Traders! Over the weekend I spotted this nice opportunity on USDCHF. I am waiting for the pair to pull back to the previously broken trendline and resistance zone before looking for an entry to the downside. The pair has been trending in an overall bearish momentum over the last few weeks. I am waiting for the touch of the resistance zone and 200 EMA before entering. I would also like t see a bearish momentum candle out of my zone before placing an entry.

Let's see how it plays out. Happy Trading!!

DISCLAIMER: This is not to be taken as trading advice etc as this is my own analysis and I do not enter every trade I publish unless it follows the criteria of my Trading plan!