USD/CHF Double Bear Flag, Waiting For Confirmation
USD/CHF has formed TWO Bear Flags on the Hourly Chart.
The first was smaller, and broken downward where it created a second bear flag.
IF we see confirmation of the larger Bear Flag, expect further retracement.
RSI is NOT OVERSOLD yet, which gives us room for bearish price movement.
The first was smaller, and broken downward where it created a second bear flag.
IF we see confirmation of the larger Bear Flag, expect further retracement.
RSI is NOT OVERSOLD yet, which gives us room for bearish price movement.
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