Hedge Cable against Swissy

July 19 (10:20am EST) GBP/CHF 1h chart

- Price hit a major trendline and bounce.
- Also hit 72EMA.
- 38.2 fib of previous swing; 76.4 fib of previous bigger swing.
- Stoch and CCI crossed above their significant lines.
- ADX shows losing bear volume and momentum slowing down.

should we place hedge long GBP/USD against USD/CHF? I'll give it a shot.

EUR/CHF- As I have said yesterday. There might still room for the upside, and indeed it went up today. I already closed my long hedge and wait for a dip to enter again.