USDCHF short entry on the daily
Updated
Hi traders,
On the daily USDCHF I am looking for a short entry at parity. My main reasons:
Entry: 0.99986
Stop: 1.01089
Target: 0.98250 = R:RR 1.58
Updates will follow. Good luck!
On the daily USDCHF I am looking for a short entry at parity. My main reasons:
- Trendline is around that area
- 61.8% Fibonacci retracement
- Completed AB=CD pattern
- Major psychological number at 1 [parity]
Entry: 0.99986
Stop: 1.01089
Target: 0.98250 = R:RR 1.58
Updates will follow. Good luck!
Note
Removing this entry for now. Will wait and see what the FOMC meeting brings.Note
FOMC didn't have much impact. Trade is still valid.Order cancelled
This pattern is no longer valid. Entry deleted.
Related publications
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.