USD/CHF: Bounce or Crash???

12 באוג׳ 2017

The price has respected the 50% level in the past and has respected it once again this past week and has shown a strong bearish move back down to the trend line, we've also reached a potential support zone so we are now waiting for a bounce to create a new higher high or if trend line is broken, target will be at 0.95331.

The green line is where I had taken a short on my demo account - massive pips gained, low risk entry!