nahmed21
Short

USDCHF Short : Daily Timeframe Analysis

FX:USDCHF   U.S. Dollar / Swiss Franc
Looking for shorts from that zone:

- Strong rejection off the daily trendline for continued buys
- Completion of a shark pattern on the daily as well
- Looking to take shorts off the 61.8 of C to D
- Aligns with a strong level of resistance
- Continuation of bearish trend
- Might see the reversal occur Friday when Powell speaks
Aug 22
Trade closed: target reached: I am changing my entry to the 71% fib level, with an entry at 0.98840. This should align with a third touch of the trend line
Aug 22
Trade active: *I am changing my entry to the 71% fib level, with an entry at 0.98840. This should align with a third touch of the trend line*

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