USDCHF, Short idea
Looking at this market I was originally long bias but having looked further I can see that the market was raging between two levels for quite some time and then lowering the time frame we can see price is trending down as It constantly breaks and retests levels. I have fibbed this also and we can see a 50% rejection where at that point price drops below a supported zone... I personally would like to see a clear pull away from that level for it to then retest much clearer. but getting in ahead at a small risk will do fine.
This is just my outlook on the market and is never set stone,
Thanks, Trade safe
This is just my outlook on the market and is never set stone,
Thanks, Trade safe
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