nnamdistan

USDCHF SHORT SIGNAL

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
For those following USDCHF there seems to be hope for the downside. Looking at the D1 there seems to be a bearish flag that have been broken and the same level is the .618 fib retracement for the next leg lower. As you can see it closed the day with a pin bar with no nose, which indicate that a lot of sellers are in the market. So look for your entry using your strategy. For those that following my idea on usdzar , we are up over 80 pips. Remember, I like trading with confluence. Good luck

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