What's up everyone, here we have USD/CHF on the 4h chart with a very distinct descending channel.
Price has been trading within this area since November 2016 testing both support and resistance various times, with no sign of a clear breakout.
This could potentially form a bullish three drives in the near future.
The purpose of this post is to highlight the key price structure within the market... Refer to this chart whether you're going long or short.
Please feel free to leave your opinion below.
Price has been trading within this area since November 2016 testing both support and resistance various times, with no sign of a clear breakout.
This could potentially form a bullish three drives in the near future.
The purpose of this post is to highlight the key price structure within the market... Refer to this chart whether you're going long or short.
Please feel free to leave your opinion below.
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