USDCHF SELL @0.168 fib- 4Hr

2020-01-06 01:10:05

Here we have a clear downtrend happening in USDCHF. The dollar has recently been doing down causing most USD pairs to continue bearish.
Currently USDCHF is in a small retracement to the upside which we will be taking the trade when it hits that trendline at 0.97491.
Our entry at 0.97491 is also bang on the (0.168) on our Fib Retracement tool which means this will be a great entry zone to continue that downtrend.
remember to always wait for rejection upon that trendline at (0.168) before entering the trade.

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