USDCHF weekly chart produced  a bearish engulfing candle and recent gains were rejected around a fibonacci cluster.

I’m currently short on this pair and posted a set-up recently on the TradeSecret forum and will continue to short any pullbacks.

The daily candle on Friday produced a hammer (bullish) so I expect a retracement before losses resume to test historical lows… and possibly beyond!


“Trade what you see, not what you think…”

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