USDCHF `` Bearish Flag
Let's form a Double Bottom.
If adequate enough, a smart money entry (Bullish).
Anyways, back to the present...
This funny flag has corrected to the neckline of the M pattern above. To reinstate the broken support as resistance.
A clean Smart money bearish entry.
IMO, the continuation of local bearish move had started.
In fact, if price should be generous enough to form a support within this channel... Should I short again or
wait till flag is broken down, like in Textbooks.
If adequate enough, a smart money entry (Bullish).
Anyways, back to the present...
This funny flag has corrected to the neckline of the M pattern above. To reinstate the broken support as resistance.
A clean Smart money bearish entry.
IMO, the continuation of local bearish move had started.
In fact, if price should be generous enough to form a support within this channel... Should I short again or
wait till flag is broken down, like in Textbooks.
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