USDCHF SHORT

as you can see very promising pair on usdchf we can see price rejects the weekly resistance and forms a head and shoulder patter allong with a big bear candle breaking the support on 4h and trendline which tells me that the bears are in control and will see a big drop before wave number 3 is formed reasons for trade :


* rejection of weekly resistance/ 61.8 fib level


* broken levels of support and trend line changing my bias to short due to bullish depletion