USDCHF Short Opportunity
Price is in a strong uptrend on H1 TF but it is weakening. We can expect break through a trendline channel and support level. Why ? Because we need to retest a consolidation box which is already broken. (Huge blue rectangle). This consolidation box is important for a daily timeframe.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.