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Traders,
It takes time to form a new trend.
And it rare for a straight "V" to appear.
For USDCHF, it broke the trendline since 2nd week of JUNE. After that, it kept moving in a very small range (100 pips range). This was hard for swing trader to hunt pips.
But now , a more sure thing is happening. The new channel or new trend could send the pair down for 400 pips. Follow up!!
Less is more1