Elliot_Myers
Short

USDCHF Sell Set Up @ 0.99 Pullback

FX:USDCHF   U.S. Dollar/Swiss Franc
ECB meeting caused a breakout for the otherwise sideways trending Dollar Swiss.

The downside is now open with an opportunity to enter short via a 4HR candle entry on a pull back to the 31.80% fib level (0.98893) or a re-test of the short term trend line .

My entry criteria is an exhausted re-test or the stated fib level or trend line . Two target zones are present which are the longer term trend line around (0.98000) and further down to the previous low at the 100% fib level (0.96623).
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