EUR/CHF: A new possible short opportunity

FX:EURCHF   Euro / Swiss Franc
51 9 2
This is an update of my previous idea. I am still short with a small position from a smaller shark and am now looking to short again based on this 1.13 shark .

This shark completes around the 61.8% retracement of the last move down (see daily chart ) and around a possible "down" trendline . I will open a sell limit order to enter on completion of the shark with SL above the trendline and above the 1.1000 level.
I might enter an additional short depending on PA around the 1.1000 level with only one TP at the 38.2% retracement .

I have put 4 possible targets on the chart, if it works out I will take at least 60-70% profit at TP1 and will divide the rest over the remaining targets.
We made it to 1.0880!!
I love it when a plan comes together!! :-) ;-)
Only 1 target left now: 1.0840, some might still aim for 1.0800 though, I might also, would that be greedy...??

Trailing my SL to the positive side of BE (but not too much, have to give it some room...), say 1.0950...
Update: NOT changing my Target to 1.0800 since there could be a C leg completion of a possible bat in that 1.0840 zone!

Better yet: I will take full profit at 1.0850!!
Moving SL to BE
Two targets remaining are 1.0880 and 1.0840
One could say TP1 was reached earlier today but that spike seems to have gone just not low enough for my TP..., hmmm...
I see now that I had it at 1.0910 instead of the 1.0915 in my chart... My stupid mistake...
I just decided to take some profit now so that I can leave my initial SL, I also adjusted my other TP's: they are now all moved 1 level up (TP4 is now at TP3 and so on...) and thus no more TP at the former TP4 level of 1.0802... Better safe than sorry!
Orders triggered! We'll see where it goes after the weekend!!
good luck !
KVE traderpt2016
Tnx and have a great weekend!
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