Fib.The.Gentleman

Short - Gathering Reasons :)

Short
FX:CADCHF   Canadian Dollar/Swiss Franc
Hey Buddys,

i want to go short here.
Reasons:
- Price just rejected at 50% Weekly Fibonacci Lvl
- Lower High followed by a Lower High around 0.8600 ?
- Price now rejected the Channel Upside (Black Dotted)
- RSI oversold.
- also we did reach several Fibonacci extension levels of the recent moves
- look at that 4H Candle ;)

What do you think guys?

Target 1 at 0.382 Fibonacci Retracment Plus a little Channel Downside
Target 2 at 0.618 Fibonacci Retracement + Structure
Target 3 Test of the Lows. OR Hold the Rest of Position for creating new LL (Lowers Lows! )

Greez Fib The Gentleman