USD/CHF showing bearish divergence on the weekly
- Ascending triangle pattern for the past few years.
- Sitting just below weekly resistance
- Bounced several times before
- RSI/Stochastic topped out
- Slight bearish divergence on both indicators
Conclusion: I expect some 100-200 pips down from here
- Sitting just below weekly resistance
- Bounced several times before
- RSI/Stochastic topped out
- Slight bearish divergence on both indicators
Conclusion: I expect some 100-200 pips down from here
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