Euro / Swiss FrancShort
Selling EURCHF - Trading within a Bearish Channel
Trade Idea
Trading within a Bearish Channel formation.
We have a Gap open at 1.1093 from 28/06/2019 to 30/06/2019.
We have a 38.2% Fibonacci pullback level of 1.1136 from 1.1057 to 1.1264.
Bespoke resistance is located at 1.1132.
Preferred trade is to sell into rallies.
We look to Sell at 1.1140
Stop: 1.1160
Target 1: 1.1060
Target 2: 1.1020
DAY TRADE
Trading within a Bearish Channel formation.
We have a Gap open at 1.1093 from 28/06/2019 to 30/06/2019.
We have a 38.2% Fibonacci pullback level of 1.1136 from 1.1057 to 1.1264.
Bespoke resistance is located at 1.1132.
Preferred trade is to sell into rallies.
We look to Sell at 1.1140
Stop: 1.1160
Target 1: 1.1060
Target 2: 1.1020
DAY TRADE
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