U.S. Dollar / Swiss Franc
Short
Updated

USD/CHF Bearish Momentum- Rising Wedge Broken

This morning the Daily Rising Wedge Was Broken, a double top was form on the Daily chart and also Head and Shoulders on the 4 H. Very wide bearish RSI Divergence and 50 Ema was broken. Looking for a good pull back to enter. Let me know your toughs on this. Keep it profitable!
Note
Let`s see how this daily candle will close.
Note
The pull back came back to the broken trend line and back to the daily resistance level lining up perfectly with the 618 FIB. Now there is a very good short opportunity with a very good risk : reward ratio.
snapshot

Disclaimer