USDCHF holding below descending trendline support!

Price holding below descending trendline resistance. After pulling back to the 61.8% fib retracement, price is likely to drop from there towards our 1st support where the 61.8% fib extension is. Trading Recommendation Entry: 0.9025 Reason for Entry: Horizontal swing low Take Profit: 0.9008 Reason for Take Profit: 61.8 % Fibonacci extension Stop Loss: 0.9043 […]