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hsa2501
Nov 10, 2016 3:00 PM

USDCHF bearish  Short

U.S. Dollar/Swiss FrancFXCM

Description

I will wait to see what happens at 0.99000 level I have i bearish bias because all this bullishness should come to and end.

The daily and weekly bullish blocks have been overtaken but i wouldn't buy in to the 0.966 resistance. So a profitable 2% price decrease should be on the way soon towards the weekly low maybe, best to wait for now or check smaller time frames for entries.

on a weekly it looks like a wedge maybe forming because of this choppy market.
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