USD/CHF Short Analysis

OANDA:USDCHF   U.S. Dollar / Swiss Franc
Hello Everyone.
USD/CHF is providing us a nice Short Possibility. It has just Created a W Formation, usually after creating a W or M Formation we expect a Retracement till the Neckline before start the Continuation to the upside, in case of the M Formation to the downside.


Price is moving down correctively which if you backtest it means that the majority of the biggest moves will occur to the upside, not the downside, because obviously if price is moving correctively in a particular direction that the sentiment for that direction just isn't there. It's common sense folks, you don't need any indicators or a Masters Degree to tell you that. ✌🏻
AgressivLeader StewySongs
@StewySongs Pleasr look at the 4H Chart, its moving in the exactly direction i predicted