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MariusFX10

USD/CHF Bearish Momentum- Rising Wedge Broken

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
MariusFX10 Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis
2
0
trendanalysis
This morning the Daily Rising Wedge Was Broken, a double top was form on the Daily chart and also Head and Shoulders on the 4 H. Very wide bearish RSI Divergence and 50 Ema was broken. Looking for a good pull back to enter. Let me know your toughs on this. Keep it profitable!
Comment:
Let`s see how this daily candle will close.
Comment:
The pull back came back to the broken trend line and back to the daily resistance level lining up perfectly with the 618 FIB. Now there is a very good short opportunity with a very good risk : reward ratio.
snapshot
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