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Proszi

USDCHF Looking for a Pullback

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
Proszi  
FX:USDCHF   U.S. Dollar / Swiss Franc
Fibonacci Trend Lines Support and Resistance USDCHF pullbacktrade retracement confluencetrading swingtrading breakouttrading retest-structure
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fibonacci trendline supportandresistance usdchf pullbacktrade retracement confluencetrading swingtrading breakouttrading retest-structure
After the long consolidation period within the symmetrical triangle, USDCHF finally decided to break below and we will be looking to retest the ascending trendline. Looking for a pullback on the 0.618 Fib level in correspondence to the previous support now acting as resistance. The three TA elements outlined together create this zone of confluence in which we could consider opening a short swing trading position.

This is NOT a financial advice, trade at your own risk!
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