FourthGrind

USDCHF .99200 Short Position IDEA.

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF Sell Limit opportunity. I believe USDCHF is doing a retest of 99200 and do more downside movement towards our targets around .98100 to .97700. Confirmations will be needed before market execution. We may see USDCHF head towards our entry of .99200 all day today. Then around NON FARM PAYROLL announcement, it will drop towards closer to .98500 again and make downtrend from there. WEEKLY candle is also still very bearish and this could form a DOUBLE TOP pattern in Daily candle. Trade responsibly. We need confirmations on the pattern before we enter.
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