Decided to short USD/CHF with the bellow confirmations from my analysis:
- 3 daily candles with long wiks signalling selling pressure at structure
- lower low, lower close 4H candle (the 4H is my trading timeframe)
- rising wedge pattern signalling that buyers run out of steam
- bearish divergence on RSI
- 3 daily candles with long wiks signalling selling pressure at structure
- lower low, lower close 4H candle (the 4H is my trading timeframe)
- rising wedge pattern signalling that buyers run out of steam
- bearish divergence on RSI