USDCHF is trading in a long term downtrend. Now it is trading in descending channel pattern. According to chart pattern analysis, we might see more downside in USDCHF from the current level to support level , as shown in the chart. Short trade can be initiated with proper risk management and stop loss.
have half a decade of experience as a trader and enthusiastically learning & developing new strategies and convert it into algorithm trading & also analyzing the companies with ESG method.