jameswright12
Short

EURCHF Potential Short Set Up

FX:EURCHF   Euro / Swiss Franc
We have had a break of market structure, we broke key support on the 4 hour time frame and we are now retesting as resistance. We also have the third touch of a key descendent trend line on the 4hr and we are sitting on in and around the 61% fib level which is key. Id like to see a lot more downside to this pair. My aim is the reverse -27 fib level for my final target area however it has potential to drop to the -61% fib reverse level.
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