Zonaltrading
USDCHF LOWER HIGH FIB CONFLUENCE SHORTThis trade follows market structure of lower high and lower low formation. The end of the retracement move is suggested by multiple wicking candles on the 4 hourly chart. Double top and fib confluence.
Ambuja Cement Chart Levels223-223 is seen to be a stiff resistance. Price rejected multiple times from the zones.
If breaks with conviction, then only on the buy side for further target of 245-250 zones.
Both time rejection candles seen near price zones.
