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USDCHF (DAILY) TREND LINE BREAK TOWARDS DOWNWARD MOMENTUM
U.S. Dollar / Swiss Franc
Short
USDCHF (DAILY) TREND LINE BREAK TOWARDS DOWNWARD MOMENTUM
By ADAMMAC
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Sep 15, 2016
9
Sep 15, 2016
USDCHF daily candlestick close below ascending trend line,
confirmed by the cross of the ma's at that particular point,
clear divergence shown on the stochastics,
leading to a high probability of a continued downward spiral towards targets 1 + 2.
Price action on smaller timeframes to confirm my position to the downside.
High risk/reward at 1:4
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