DislikedI can see a trade developing on the EURCHF pair (1hr). The daily candles show bearish signs (lower highs and lower lows), plus bearish hidden divergence on the hourly chart all hint on price heading south.
Right now, the hourly candle is in the confirmation phase, so I will make an entry when the next (entry) candle tests the 5sma. Hopefully, the targets will be FE 50 or FE 61.8 depending on how small the S/L is. If the entry is too far from the retrace point, then the trade won't be executed.
i'm considering taking this trade, but seriously low trading volume at the moment makes me think twice.