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U.S. Dollar / Swiss Franc
Short

USDCHF Short

By UnknownUnicorn769459
Updated
USDCHF has bounced from a major resistance. Momentum indicators have signaled a reversal. It's safe to anticipate a 38.2% pullback.

SL: 1.003
TP: 0.973
Comment
Looks like a pullback before it shoots further. Possible to add short or enter now.
Comment
Currently +15 to +50 pips, depending on whether you sold/added short on the pullback or initial call.
Trade closed manually
Exiting to protect profits now. +15 to +50 depending on whether you added short on the pullback.
Comment
If the USDCHF breaks the 0.991 to 0.992 zone, there may be another big push downwards. It would drop past at least 0.989.
Comment
+20 to +30 more pips if you traded the re-entry. Totals: +35 to +80 pips.
Trade closed manually
Will personally be taking profits and no longer following this trade.
4h4hour4hrTechnical IndicatorsshortTrend AnalysisUSDCHFusdchfshort

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