USD/CHF – Channel Breakdown & Bearish Rejection SetupUSD/CHFOANDA:USDCHFPULSETRADESFXUSD/CHF – Channel Breakdown & Bearish Rejection Setup 🔹 2H Chart by PULSETRADESFX USD/CHF has broken below its ascending channel structure after multiple rejections at key resistance. Price is now retesting the underside of the broken trendline, presenting a clean break–retest–drop setup. Sellers stepped in just below 0.80000, and momentum now leans bearish toward the next key demand around 0.79000. 📌 Trade Setup: Entry: 0.79714 SL: 0.80050 (Above trendline) TP: 0.78750 (Previous demand zone) This setup is ideal for short-term continuation traders looking to ride the bearish momentum as structure breaks align with market reaction. --- ✅ Confluence Checklist: Ascending channel break Bearish retest confirmation Supply zone reaction near 0.80000 Risk-to-reward > 2:1 Clean structure and price action 📅 July 22, 2025 📊 OANDA Feed | USD/CHF (2H) #USDCHF #ForexTrading #BearishBreakdown #SupplyZone #PriceAction #TechnicalSetup #TradingView #PULSETRADESFX