TradingView
RobClarke2e
May 7, 2019 11:39 AM

USDCHF - UPDATE Short

U.S. Dollar/Swiss FrancFXCM

Description

Buyers and Sellers have been fighting and continue to fight. I see a lot of calls for 1.03 but so far the upper line of the down trend channel appears to be holding. The next hour or two may be critical.

Comment

SL is at 1.02400 as it's above the tallest wick registered on 26th April. We are getting close to being stopped out but lets hope the sellers start to join the party here at these higher levels.

Comment

Half way to goal. Good area to close half the position, move stop loss down to break evens and let it run to original target.

Trade closed: target reached

Late update but target hit and trade closed :)
More