USD/CHF - Sell Trade Setup

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📉 USD/CHF – Sell Setup Breakdown
🔎 Bias

Currently leaning bearish. Price rejected from a higher-timeframe supply and continues to respect the descending trendline. Structure is pointing toward deeper liquidity grabs before any major reversal.

🏗 Technical Breakdown

Wave Structure: We completed Wave (4) inside a major supply zone and are now unfolding lower.

Liquidity Hunt: Multiple sweeps of liquidity have been taken on the upside. Current price is gravitating toward sell-side liquidity (SSL) marked below.

Fibonacci Confluence: Rejection aligned with the 71% retracement – classic continuation sell level.

Trendline Respect: Every attempt to break higher has been capped by the diagonal resistance.

🎯 Sell Zones

Entry Area: Any retracement back into the minor supply box (grey zone under the trendline).

Target 1: Sell-side liquidity resting below recent equal lows.

Target 2: Extended push toward the bigger demand block lower (the shaded SSS zone).

⚠️ Risk Notes

If price cleanly breaks and holds above the trendline + supply zone, the bearish idea invalidates.

Best confluence comes from waiting for rejection wicks / bearish order flow before entry.

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