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USDCHF Short, RR 1 : 2.2
U.S. Dollar / Swiss Franc
Short
USDCHF Short, RR 1 : 2.2
By douglasswg
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Updated
May 19, 2017
6
Cheer
Cheer
May 18, 2017
USDCHF Daily candle closed bearish for five consecutive days since last Friday breaking few key support levels, expecting some further downside.
Reason :
- Strong berish momentum breaking 0.9800 area.
- Support became Resistance.
- Potential to reach next support points :
Entry point Short : CMP or 0.9820 area ; TP : 0.9725 area ; SL around previous high 0.9855 area
Risk Reward 1:2.2
Always remember to trade with stop-loss, market is crazy & cunning*
May 19, 2017
Trade closed: target reached
TP 0.9730 hit. Position closed, have a great market closing traders!
USDCHF
usdchfshort
douglasswg
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