We can see that that a rising wedge has been formed and as we are at a key level where price has used as support and resistance before, as well seeing multiple daily candle rejection for buying power. We can start looking for shorting opportunities.
-Good luck and trade safe with correct risk management..
Price comes to an area that has acted as support and resistance on many occasions, before another buying opportunity I expect a drop, as this pair has been buying pretty heavily therefore we should see some exhaustion in price, as well as a strong CHF all this upcoming week.
- Good luck, trade safe with correct risk management