TheBearTrader1

USDCHF- READY FOR A MOVE LOWER

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
We can see on the daily TF that price has now hit this descending TL for the third time, where we are at a structure level, 38.2 fib level and the 50EMA acting as support. With a confirmed entry being on the 4H TF (huge Bearish wick)

Comments

You mean the 50 acting as resistance
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