Snehath
Short

EURCHF Short coming up real soon close to 1.11

FX:EURCHF   Euro Fx/Swiss Franc
I must admit that EURCHF             is my Achilles's heel since starting TV. However this pair looks like it is ready to come down.

I like the fact that Week 18 has a high and week 19 has a slightly higher high. This shows that we have a head and shoulders potential for a big move downwards.

I am waiting for the slightly warped shark pattern to complete. Stops MUST go above Week 19 high.

I also see a similar setup in GBPCHF             . EURCHF             is a very slow pair, so maybe GBPCHF             could be a better R:R.
Comment: I am still watching this trade. There is no move down on HSI so this is still a watch for me. I will let the weekly high form and evaluate early next week.
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