USDCHF "Continuation to the downside" Trading idea

FX:USDCHF   U.S. Dollar / Swiss Franc
Good morning traders.

That are my actual thoughts on USDCHF .

Overall market situation is a Bearish bias with clean lows and highs formed.

  • Market made its Retracement into our "golden Ratio" Fib zone.
  • Lower - TF Bullish structure shifted to bearish structure after break of the 4H counter-TL
  • The 8 EMA also give us confluence.

I will look for a last little push into the Price of 0.94900-0.95000 for a short opportunity.

Good Trades


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