DAILY: Left Chart. EURCHF is overall bearish and now approaching a resistance so we will be looking for sell setups on lower timeframes.
H1: Right Chart
EURCHF is forming a channel in red but the lower trendline is not valid yet, so we are waiting for a new swing low to form around it to consider it our trigger swing.
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Trigger => Waiting for that swing low to form and then sell after a momentum candle close below it (gray zone)
Meanwhile, until the sell is activated, EURCHF can still trade higher.
Good luck!
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