SELL USDCHF to 0.95

Oct 25, 2016USDCHF just rejected the 0.995-1.00 area for the third time, while closing as a pin bar and completing also a potential ABCDE correction. Also, we're rejecting the trend line that started from late 2015. The USDOLLAR index also is closing as daily pin bar rejecting a key level/key fib area. This trade offers a risk/reward of about 9:1 if we hit 0.95. That's the first target then down into 0.925.

Nov 7, 2016

Trade closed: target reached