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Failure at 50 MA on 4H. wouldn't it be a nice short here?
U.S. Dollar / Swiss Franc
Short
Failure at 50 MA on 4H. wouldn't it be a nice short here?
By exp3r13nc3
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Updated
May 6, 2021
0
May 3, 2021
I'm going short here. stop is 0.92 and take profit is at 0.89x 1:2 trade.
May 6, 2021
Note
It consolidated for 3-4 days.
however, finally running in approximately 30-35 pips in profit.
I'll keep holding it, as I'm looking for a new low.
May 7, 2021
Note
80+ pips profit. I might close partial at 100 pips.
May 7, 2021
Trade closed: target reached
100+ pips.
Moving Averages
USDCHF
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