Bearish Shark Formation ?

Hi all, USDCHF is approaching a big resistence @1.0000 (the previous highs)

XCD 113% @ 1.0007
BCD 161.8% @1.0000

Entry@ 1.0007
Stop Loss@ 1.0020
Limit@ @0.9977 (if the price reverses as predicted, it may go down even more!)

Be careful, this resistence has been tested a few times. There is chance that a breakout may occur.

As always, look for signal - how the price react to the resistence in the next hour.

Disclaimer