This a short trade idea I have for the USDCHF.

It is pretty straight-forward. Trade back into a Weekly iFVG and SIBI then move lower from there. First target is the immediate swing low, and the second target is the older low to the left. Entry somewhere in the gap, and stoploss above the high that entered the previous SIBI.

Sometimes I feel as though I should make my analysis more complicated so it can get featured, but truth be told, there is nothing useful about having a complicated analysis. In terms of technical analysis, this is as accurate and simple as it gets. And usually if a trade is wrong, there is unanticipated news or the tides have turned and a trade in the opposite direction is warranted.

- R2F
Note
Target 1 hit
Beyond Technical AnalysisChart PatternschfDXYForexictr2fswissfrancTrend AnalysisUSDUSDCHFDJ FXCM Index

R2F

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