USDCHF speculation - 26/5/2018
Top down analysis of USDCHF - please comment any feedback or ideas!
Note
Looks like the potential sell zone will be reached soon, await a strong rebound off of resistance to enter short.Note
Inside the potential entry zone, could enter short now or wait for it to hit and bounce off of resistance.Note
Entered as soon as it crossed resistance again - 59 pips profitNote
^calculation error - 45 pips in profit.Note
Bounced off of support, back to 16 pips in profit - may be a bouncy one this - watch that resistance isn't broken.Note
88 pips profit!
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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.