Honestly, this setup can or cannot happen this week. But none-the-less its very good setup to keep an eye on this. There are three harmonic patterns
namely Bearish Bat
& Bearish Butterfly
is in making. And just above the termination of this patterns, we can find supply zone
. With my beliefs from what I see in USD index, I m speculating idea that USD will get weaker soon or later. Keeping all this in mind, my speculative position is UsdChf
short in coming days.