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olly48

USD/CHF Short After Retrace

Short
U.S. Dollar / Swiss Franc (FOREXCOM:USDCHF)  
olly48  
FOREXCOM:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators USDCHF usdchfshort usdchfanalysis usdchfidea usdchfprediction usdchftrade usdchfsignal usdchfsell usdchfforecast
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trendanalysis chartpattern indicator usdchf usdchfshort usdchfanalysis usdchfidea usdchfprediction usdchftrade usdchfsignal usdchfsell usdchfforecast
Looking to short this since it has made a retrace back to 0.5 Fibonacci. For safer entry wait for EMA's to cut for short and MACD to remain below 0 which would confirm this is staying bearish.

Target is the low of support at 0.88389
SL is set just above 0.618 Fib around 0.89800 area
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