USDCHF - Short

2020-01-01 02:48:50

Weekly View on the chart.
We have a confluence area based on trendlines that we might see price come down to by 1st week of Feb.
This coincides with the completion of a 5 wave pattern at the 23.6% on the daily indicated by the FIB shown.
After that, I'm expecting price to break through this range and reach for higher levels.