#USDCHF short, #forex
4h time-frame:
price retraced to 0.786 of the previous fall.
1h time-frame:
during this correction movement, a channel formed.
A head and shoulder pattern shaped at top of the channel.
Breaking down the channel and the pattern in 1h time-frame convince me to start down-trend in 4h time frame.
price retraced to 0.786 of the previous fall.
1h time-frame:
during this correction movement, a channel formed.
A head and shoulder pattern shaped at top of the channel.
Breaking down the channel and the pattern in 1h time-frame convince me to start down-trend in 4h time frame.
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