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 currency pair has started a bearish trend a few months ago.

Weekly: The price condolidates in the monthly support area. We must see if the price brokes now under the support or later after the touch from the long term trendline.

Daily: The daily timeframe is bearish.

H4: On the h4 timeframe we draw the strong bearish trendline. The price reacts beautifully to it.


Have a nice day.