It might be a short term bullish move as price action retraces back up, either to 38% or 61%, after which the market hopefully will proceed to continue on its downtrend
Possible sell for this pair as the structure and trendline has been broken and retested , as well as the fact that a retracment above 50% occured
Sell based on the fact that there was a 61.8% Retracement from the previous Bearish push
Buy based on chart pattern, 38% retracement was completed and trend line still in tact
just a sell oppurtnity for the USDCHF pair