I'm looking for a downside on USDCHF for multiple reasons.
-we are in a downtrend
-there is a nice confluence area 0.9857 including fibonacci retracement of the last impulse move,
1.27 extension of the 0-A corrective impulse and also a nice s/r zone around this area
-also I'm expecting DXY to turn to the downside, so the dollar gets weaker, swiss franc to the upside
so there is a good possibility for this trade to be succesfull
-we are in a downtrend
-there is a nice confluence area 0.9857 including fibonacci retracement of the last impulse move,
1.27 extension of the 0-A corrective impulse and also a nice s/r zone around this area
-also I'm expecting DXY to turn to the downside, so the dollar gets weaker, swiss franc to the upside
so there is a good possibility for this trade to be succesfull
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