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SamTraidingView
Mar 22, 2022 4:58 PM

USD/CHF going to test FR78% retracement -H4 TimeFrame Short

USD/CHFOANDA

Description

Even though CFD/USD graph have not made lower Lows and seems to be breaking the down trend but with respect to FR chart, it seems that its strugling to pullback up to test the FR61% level hence; most likely it's going to retest the FR78% at least before going further down to may be pull back up.

Comment

It did opposite to my guess and assessment:(.
So the lesson is in such cases better to wait till the picture is fully clear. I should better wait it give another red candle or it crosses the 61% FR level.
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