USD/CHF Trade Idea

Hello and welcome to my Trade Idea of the currency pair USD/CHF.

Lets start with the Top Down Analysis.


Monthly: The monthly timeframe has 2 big bearish candles in the past which indicates bearish strength.


Weekly: On weekly we see a downtrend too with huge bearish candles.


Daily: Here we draw the strong trendline and wait for a break from the monthly and h4 support.


Have a nice day.