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Johanes
Apr 8, 2019 2:52 PM

JLS Trade: Short Trade on USDCHF Target Zone Short

U.S. Dollar/Swiss FrancFXCM

Description

The USDCHF is limited for 5 % target zone and the pair is turned to downward. Short trade placed by managing the stop loss on top of the 5 % target zone to avoid possible market makers to touch the stop loss for ther vested of interest. Target set for 5 % and wider to below 0.9600. Alignment to downward will be explored in the future.

Comment

Comment

This USDCHF forecast will be revised soon. This pair will continue to upward by the CHFJPY and USDJPY. Revision will be posted soon and my trade on this pair closed (cut of loss)
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