USDCHF - Trade Breakdown & Forecast

FX:USDCHF   U.S. Dollar / Swiss Franc
USDSCHF - Trade breakdown and forecast.

A trade set up was sent out yesterday to the Alpha community for this short on the pair. We were looking for a break of structure to the downside to trigger us in the trade. Yesterday afternoon price impulsively moved to the downside breaking structure as expected.

We will be looking to scale into the pair today once we get bearish trade confirmations. Many of you may already be in the second trade as price wicked this morning to our fib reversal zone, this would of been an ideal selling opportunity.

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