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USDCHF short entry on the daily
U.S. Dollar / Swiss Franc
Short
USDCHF short entry on the daily
By 11021992
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Updated
Jul 27, 2016
1
1
Jul 25, 2016
Hi traders,
On the daily USDCHF I am looking for a short entry at parity. My main reasons:
Trendline is around that area
61.8% Fibonacci retracement
Completed AB=CD pattern
Major psychological number at 1 [parity]
Entry: 0.99986
Stop: 1.01089
Target: 0.98250 = R:RR 1.58
Updates will follow. Good luck!
Jul 27, 2016
Note
Removing this entry for now. Will wait and see what the FOMC meeting brings.
Jul 28, 2016
Note
FOMC didn't have much impact. Trade is still valid.
Aug 19, 2016
Order cancelled
This pattern is no longer valid. Entry deleted.
Forex
USDCHF
11021992
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