USDCHF- Sell idea
Firstly we have a large ascending TL on our weekly time frame, price last week broke below this level, retested and so far rejected, indicating a sell to us.
Then moving down to our 1H timeframe, we have a smaller descending TL where price has also rejected, this also indicates further bearish movement to us.
On top of this we can also...
USDCHF- two different indications here... first we have our ASCENDING triangle (bullish indicator) usually price will break out above. We also have our descending TL which may stop bullish movement and price may reverse, monitor to see how price reacts when we test the TL.