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U.S. Dollar / Swiss Franc
Short

USDCHF short

By ATMmachine
Updated
Here we have a nice setup of USDCHF, retest of the supply&demand zone, we are in a dessending channel so we are trading with the trend, outside trendline and retest of an H4/Daily trendline inside, 61.8% fibs retracement of the last downtrend and 127.2% ext of the last uptrend on our reversal point . We are looking too to the completion of the AB-CD pattern. Always wait for a reversal sign and BREAKVEN when TP1 is hit. All orders will be close before NFP this week.
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Enjoy :)
Note
For now didn't have a confirmation so I didn't enter the trade.
Descending ChannelFibonacci ExtensionprofitretracementTrend AnalysisUSD (US Dollar)
ATMmachine

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