As you can see there on our chat, price is at a support zone.
A break and Retest at the support zone will give a confirmation for a sell trade.
Now to confirm things we used the trendline to determine the over trend of the market.
Which you can see tht USDCHF overall trend is bullish, meaning a buy trend 📈.
A break and Retest on tht trend line by the down side will give a confirmation for a sell trade.
Also from market structure we can identify a Double Top (M) pattern which is a confirmation for a sell trade on the USDCHF
A break and Retest at the support zone will give a confirmation for a sell trade.
Now to confirm things we used the trendline to determine the over trend of the market.
Which you can see tht USDCHF overall trend is bullish, meaning a buy trend 📈.
A break and Retest on tht trend line by the down side will give a confirmation for a sell trade.
Also from market structure we can identify a Double Top (M) pattern which is a confirmation for a sell trade on the USDCHF