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U.S. Dollar / Swiss Franc

USD_CHF wave

By jmasterx
Updated
Nice setup to the short side. Strong bearish candle close under 10lmwa. RR is only around 1:1 but this could go a long way down. Half close at target area and other half to move sl to BE. Expect this trade to end in this week. Would be more sure in this trade if volume would be higher above average but on the other hand when we have big candle and the next one is even bigger in the opposite direction, market continue to move in the second candle direction.
Trade closed: target reached
Chart PatternsUSDCHFWave Analysis
jmasterx

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