Top down analysis of USDCHF - please comment any feedback or ideas!
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Looks like the potential sell zone will be reached soon, await a strong rebound off of resistance to enter short.
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Inside the potential entry zone, could enter short now or wait for it to hit and bounce off of resistance.
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Entered as soon as it crossed resistance again - 59 pips profit
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^calculation error - 45 pips in profit.
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Bounced off of support, back to 16 pips in profit - may be a bouncy one this - watch that resistance isn't broken.
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88 pips profit!