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USDCHF: Oversold. Wait Break Down Confirmation for Shorts

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Dolar A.S. / Franc Swiss (FX:USDCHF)  
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FX:USDCHF   Dolar A.S. / Franc Swiss
Trend Analysis Technical Indicators Wave Analysis
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I share my forecast.

I see the pair extremely oversold. MACD and Stochastic already changed the bias.
Anyway, I will wait for a break down level confirmation before going short.

Remember to do your homework and take your own decisions.
THIS IS NOT AN INVESTMENT ADVICE.
Komen:
Correction: EXTREMELY OVERBOUGHT
Komen:
Title Correction: USDCHF: Overbought. Wait Break Down Confirmation for Shorts
Komen:
Stop Loss at 1,005
Komen:
Unable to break the uptrend line. That is because I prefer to go short after a break down confirmation. With new data break down level may move up.
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