USDCHF Sell Opportunity

In daily time frame, price is bouncing in a descending channel and got rejected by the upper band.

In 1H time frame, there was an ascending channel which has been broken to the downside.

Currently, price hasn’t broken the yesterday’s low yet (0.9166).

If price could break the daily low and closed below in 1H, then pulled back to the channel, we can enter short and expect a fall in price around 0.9120 (weekly low).