VasilyTrader

sell the breakout of triangle

Short
VasilyTrader Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc

hey traders,

interesting potential trading opportunity on dollar swissy:
after a great rally market is now in a consolidation stage holding the range between 0.975 and 0.965.
As the market reaches the high of this range, I am looking for opportunities to short.
We have this nicely formed triangle as a trigger.
I will be looking for a breakout of its support just like it has already happened during 4th and 5th of September.
Target is based on a range low.

Good luck!
Comment:
test of support
Comment:
bearish breakout
market is going down
Comment:
going down
Comment:
hit initial target
Trade closed: target reached

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