EUR/CHF analysis, trading idea, and chart

The general trend is descending. The ascending wave structure is truncated at the moment. The Awesome Oscillator indicator has a bearish divergence, and the Stochastic Oscillator indicator signals overbought.

Trading idea:

Sell on the formation of a descending wave structure, where wave (A) breaks the inclined channel of the ascending truncated structure.

Stop Loss for the local maximum of the ascending structure.

Target levels: 0.9714; 0.9650.