tom_remoroza
Short

USDCHF, D; BREAKING DOWN BY MULTIPLE CONDITIONS

FX:USDCHF   U.S. Dollar/Swiss Franc
Price already rejected at 1.01224 support.
Support Level falling under 0.786 fibonacci as shown.
Bearish butterfly pattern already formed.
RSI at 70 has been breached and is going down, thus good sell entry.
Target levels are based from coinciding fibonaccis from as shown and the retracement CD.

Stop Loss: 1.01372
Target 1: 0.98853
Target 2: 0.96515

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