EURCHF TREND REVERSALCurrent trend on the graph shows that market is bullish . There is a series of HH's & HL's.
Previously there was a divergence on chart but the trend tested the trendline and continued bullish. But if we look at that point there was no resistance present . If we look now there is a divergence on chart and the chances to change of trend are much stronger because
There is a divergence in RSI
There is a resistance above
Now there are chances that chart might rise to next resistance and retest the trendline , but for the confirmation of bullish trend we we have to wait till breakdown of trendline and also for the new LL . Then we can go for Short Trend.