USDCHF SHORT SIGNAL

2020-01-23 06:02:22

For those following USDCHF there seems to be hope for the downside. Looking at the D1 there seems to be a bearish flag that have been broken and the same level is the .618 fib retracement for the next leg lower. As you can see it closed the day with a pin bar with no nose, which indicate that a lot of sellers are in the market. So look for your entry using your strategy. For those that following my idea on usdzar, we are up over 80 pips. Remember, I like trading with confluence. Good luck