USDCHF Short

May 23, 2018

USDCHF has bounced from a major resistance. Momentum indicators have signaled a reversal. It's safe to anticipate a 38.2% pullback.

SL: 1.003
TP: 0.973

May 23, 2018

Note

Looks like a pullback before it shoots further. Possible to add short or enter now.

May 24, 2018

Note

Currently +15 to +50 pips, depending on whether you sold/added short on the pullback or initial call.

May 25, 2018

Trade closed manually

Exiting to protect profits now. +15 to +50 depending on whether you added short on the pullback.

May 29, 2018

Note

If the USDCHF breaks the 0.991 to 0.992 zone, there may be another big push downwards. It would drop past at least 0.989.

May 30, 2018

Note

+20 to +30 more pips if you traded the re-entry. Totals: +35 to +80 pips.

May 30, 2018

Trade closed manually

Will personally be taking profits and no longer following this trade.