sifneosFX

First signs of trend reversal

FOREXCOM:USDCHF   美元/瑞郎
Unfortunately, USDHF did once again something unexpected. After last swing down 24. and 25.8, everything looked like the trend down is a safe thing. A correction was expected but now the correction engulfed the original swing and broke the trend line valid since 7.5.

Now if the day candle closes above the trend line or brake the MA (100) and the next candle remains above trend line and/or MA (100), you may close any short trade and open long.

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