Not a trade yet but worth noting; the swissie has been in this 4hr channel since may 9th! I don't expect this to turn into a trade until at least the beginning of September or mid September but this channel can be used as a good prediction of where the other pairs are going. Once price get to the bottom of the channel, the euro chart might be setting up even better for a short. What happens if we break below the bottom support line? I wont trade it! When a pair runs downhill for a long time and runs even farther down, supply and demand is out of sync in the direction agasinst me :-/
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