USD/CHF - Ichimoku Bearish Setup

9 ธ.ค. 2018

We finally got a break below support in the channel we had been following for a while and now I am looking to take advantage of the bearish sentiment we're seeing. I'm going to use a move below our current candle as an entry with my TP at a previous major level of resistance to the left of current price. As an alternative I may wait for a rise and rejection at tenken sen for a better risk to reward ratio on my entry. If either of these two scenarios fail to play out, this setup may become invalided.