Trend correction on USDCHF

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Situation:
USDCHF is correcting an uptrend on the day chart (see picture below).
On the 1H chart we see a broken uptrend (yellow) and the ongoing downtrend (pink).

Plan:
Before the correction of the day trend ends, we want to short USDCHF at the red dashed line.

Execution:
Trading the downtrend with SL at the last lower high.

Day Chart:
syot kilat
Dagangan ditutup: hentian tercapai
Short order got exectued and almost instantly stopped. Trade closed.
Trend Analysis

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