(SELL,1HR) USDCHF May Be Heading Down For The Week (Or Till Wed)

- 3rd level consolidation
- multiple tests of the high
- wait for sell entry signal
* watch out for key news releases on Wednesday
- t1: 0.98033 -> 50 ema
- t2: 0.97416 -> 50 fibonacci retracement from start of cycle
- t3: 0.97020 -> 50 fibonacci retracement from 21 sept low
- multiple tests of the high
- wait for sell entry signal
* watch out for key news releases on Wednesday
- t1: 0.98033 -> 50 ema
- t2: 0.97416 -> 50 fibonacci retracement from start of cycle
- t3: 0.97020 -> 50 fibonacci retracement from 21 sept low
Trade closed: stop reached
Trade went rogue. Double top was faked out. Stopped out on beginning of Fib drawingDisclaimer
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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.