Swissy takes a breather

The USDCHF had a convergence and promptly bounced. The bounce has closed at breather level 1 but could still continue to level 2. A candle reversal in addition to our entry stop loss technique would trigger a continuation.

XTL is still bearish and Ellipse has not been breached and the trend is down.


Chart courtesy of Advanced GET. Data provided by eSignal.


Good trading.

Forex Analysts
Anne Chapman & Javid Shaik