USDCHF will short for 40-50 pips with a 1:2 RR. 21 sma and 8 ema have crossed on the 4hr time frame signaling a short as well as 2hr price closing below all EMA's but more significantly the 8 ema. I will continue to hold this until take profit is hit or price closes above 21 sma on 2hr time frame.
**Also a head and shoulders pattern has been created on the 4hr and 2hr time frames.
**Also a head and shoulders pattern has been created on the 4hr and 2hr time frames.