USDCHF pullback time
USDHF short:
1) multiple rejections on daily timeframe ( wicks )
2) 61,8 fib retracement lines up with trendline ( 3rd touch )
3) extra confirmation if price breaks inner trendline
Watch out for 1.0100 level strong support level
Open for discussions :)
Cheers,
Cubefox
1) multiple rejections on daily timeframe ( wicks )
2) 61,8 fib retracement lines up with trendline ( 3rd touch )
3) extra confirmation if price breaks inner trendline
Watch out for 1.0100 level strong support level
Open for discussions :)
Cheers,
Cubefox
Trade active
Trendline held, last final rejection has happenend and now we are going down.Trade active
Price hits first trendline. Will watch price action from here. Taking a little profit of the table and SL to break evenNote
Trendline broke, let's go for TP 2
“In order to succeed, you first have to be willing to experience failure." - Yvan Byeajee
Disclaimer
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“In order to succeed, you first have to be willing to experience failure." - Yvan Byeajee
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.