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USD/CHF - Fade the Rally Trade Idea

Here's a purely technical trade idea for USD/CHF:

We had a breakdown of a 2-week consolidation range at the end of last week, as you can see in the 4H chart. Note that this is a continuation of the downtrend started in mid-January. 

(USD/CHF 4H chart)

If you are just trying to ride the trend, for at least 1 more swing down, even if it is just to challenge the the low around 0.8780, we can consider fading the current rally swing.

The 4H stochastic is above 80, and the RSI is closing in to 60. Price is testing the bottom of the previous consolidation, which could turn into resistance if the market is indeed still bearish.

I like the timing indicated by the oscillators, but the price leaves some upside risk. I would prefer shorting closer to 0.8890, which was the middle of the 2-week consolidation range.