KVE
Short

EUR/CHF: A new possible short opportunity

FX:EURCHF   Euro Fx/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.
KVE PRO
a year ago
Orders triggered! We'll see where it goes after the weekend!!
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traderpt2016 KVE
a year ago
good luck !
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KVE PRO traderpt2016
a year ago
Tnx and have a great weekend!
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KVE PRO
a year ago
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...
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KVE PRO KVE
a year ago
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!
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KVE PRO
a year ago
Moving SL to BE
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KVE PRO KVE
a year ago
Two targets remaining are 1.0880 and 1.0840
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KVE PRO
a year ago
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...
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KVE PRO KVE
a year ago
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!!
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