Please see chart for potential targets. Fibbonachi retracement levels and area of interest for a Short position. I would like to see this Pair break out of the recent consolidation zone to the upside before targeting liquidity below that zone.
Great idea on usdchf, glad that we have similar bearish bias. Please take a look at our idea and let us know what you think
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FXCM
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@FXCM-EDU,
Fistbumped
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@FXCM-EDU, I agree with y our analysis. In hindsight, the previous consolidation was trailed by a large movement downwards. It unfortunately didn't retrace where I wanted it to, but it is nice to know you guys agreed with my overall sentiment. Thanks for the insight!
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