USDCHF Short Play --> Potential for 20:1 R:R

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Based on current price action you can see the trend is creating consistent Lower lows and lower highs.

Based on the two latest structure points, you can see price has retraced to the 78.6 fibonacci extension, and we've now had multiple rejections of the fib.

Keeping stops very tight here, but with USD looking weak, the short play looks highly favourable

Take profit at $0.89662

Hope this helps.

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