To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleUSDCHF potential drop to previous swing lowTypeBearish BreakoutPreference:Looking at the H4 chart, my overall bias for USDCHF is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market.Expecting price to possibly break this level before heading towards the support where the previous swing low is.
