USD/CHF Trading Analysis (21/05/2024)
The trend is descending. The currency pair is traded in the range between 365 and 135 ЕМА. The ascending wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
Trading idea:
Sell when the formation of the descending wave structure begins, …