USDCHF Waiting to break resistance

21 thg 4, 2021

Goodmorning Traders! Im looking at USDCHF on the daily we've been on a beautiful down trend breaking support and resistance and good levels, As of now we are at support/ now resistance, Im waiting on the break of this and the crossover on macd on the 1hr the 200 ema is under our price indicating a downtrend as well and our RSI is the highest it's been during this whole down trend at 56. Im waiting on price to leave resistance to continue this downtrend I also also see some dojis going on , I try to keep my trading simple and obvious but I would love to hear your thoughts and what you guys think about this analysis :)