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theConsultant45

USD/CHF Daily - Bearish Continuation

U.S. Dollar / Swiss Franc (FX:USDCHF)  
theConsultant45  
FX:USDCHF   U.S. Dollar / Swiss Franc
Chart Patterns Trend Analysis Shooting Star Bearish Patterns Divergence USD chf
7
0
chartpattern trendanalysis shootingstar bearish divergence usd chf
Tuesdays close gave us a lower high from January 10. Depending on how Wednesday closes we might see a continuation to the downside.

Strategy:
Looking for a close lower than Tuesdays high of 0.97415. This would give us a shooting star signaling a reversal.
A close below that on Thursday would be confirmation.
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