USDCHF D1

2019-11-27 03:31:01

Price is following a parallel channel & is now at the top for a "3rd rejection" which also aligns with a supply zone along with the 78.6 fibonacci retracement, where a reversal back to the bottom of the channel is what I will be looking for to occur next. If the channel is then broken, then price can looks to resume lower & resume the downtrend.