SmartTradingFX

USDCHF: Short Opportunity At Higher Timeframe Resistance?

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
7
Analysis on chart!

Pulled this pair apart using top down analysis starting from the Daily! Price pushing up into resistance where we have three drives completion, alot of fib confluence with 4 fib extensions all lining up and the RSI pressing overbought conditions!

Its an attractive opportunity as we may be able to have a nice tight stop with three portential targets all back into previous lows!

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SMART TRADING

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