USDCHF descending triangle breakout down
Technical picture
Trading down breakout, s/l is hiding behind previous week low, t/p set on approximate height of triangle. As tendency of USD looks like massive correction across the board, I think it's good chance to make some USD shorts.
Fundamentals
There are no so many important news regarding CHF and USD, so I think there shouldn't be any really unexpected moves caused by scheduled news.
Trading down breakout, s/l is hiding behind previous week low, t/p set on approximate height of triangle. As tendency of USD looks like massive correction across the board, I think it's good chance to make some USD shorts.
Fundamentals
There are no so many important news regarding CHF and USD, so I think there shouldn't be any really unexpected moves caused by scheduled news.
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