Sell Setup In USDCHF

FX:USDCHF   US-Dollar / Schweizer Franken
204 2
In my previous post about USDCHF (see link below) i described the potential breakout above the trend that would give us a great buy setup. The breakout has happened and we should now wait for a correction before going long. But before that we have a very nice potential sell setup. Price is in a consolidation and most likely will break below the small wedge pattern is moving in. MACD divergence is showing that this up move is losing steam.

This is a short term trade setup but worths risk a very small % of our accounts.

Like and comment if you agree
Nice move...........'(-_-)'
Fxprotrader Saravanan
Thank you Saravanan.!
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