USDCHF "Continuation to the downside" Trading idea

٢٣ يونيو ٢٠٢٠

Good morning traders.

That are my actual thoughts on USDCHF.

Overall market situation is a Bearish bias with clean lows and highs formed.

4H:

• Market made its Retracement into our "golden Ratio" Fib zone.
  
• Lower - TF Bullish structure shifted to bearish structure after break of the 4H counter-TL
  
• The 8 EMA also give us confluence.
  

I will look for a last little push into the Price of 0.94900-0.95000 for a short opportunity.


Good Trades
~Tradingpurpose~