jjo.mastertrader

USDCHF - SHORT POSSIBILITY

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
THE CURRENT ZONE HAS BEEN TESTED TWICE AND NOW THIS IS THE 3RD TEST BUT IF WE TAKE A CLOSER LOOK, PRICE BROKE 2 TRENDLINES ON THE LAST BEARISH CANDLE MOVE WHICH CLOSED UNDER THE TRENDLINES AND AS ADDITIONAL CONFIRMATION THE MARKET CLOSED WITH A BULLISH BUT STILL UNDER THE TRENDLINES. ACCORDING TO MY ANALYSIS PRICE WILL FAKE A BUY AND DROP TO WIPE OUT A COUPLE RETAIL TRADERS THEN GET TO THE NEXT SUPPORT.
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