After a very good NFP number, Swissy (USDCHF) rally up to previous support that is now holding up as resistance. This can be the next LH (lower high) that will resume its downtrend. Taking the short on Monday as the third entry on short Swissy. Cut loss if it breaches the previous lower high.
Comment:
No short entry so far as of Monday and still looking for entry this Tuesday.
Comment:
Still, no short entry last Tuesday, and it looks like it will create a higher high which gives doubt to the integrity of its downtrend.