Going for a Sell ass soon as the pullback comes in. Short

FX:EURCHF15

Euro Fx/Swiss FrancFXCM

Description

⋅ Sep 17, 2018 6:13 AM

Buyers have pulled back to a price of interest. Will be anticipating a push at least towards the recent low.

Trade closed: target reached

⋅ Sep 18, 2018 9:24 AM

Trade Played out perfectly. Let's see what do we have for tomorrow :)

Comments

FXCM

⋅ Sep 17, 2018 9:08 AM

I agree with your bearish view on EURCHF. Our trading signal idea is also of the same bias. It broke past its horizontal swing low support turned resistance line that was at a 61.8% Fibonacci extension, this concludes our bearish bias. It seemed to have retraced back to our sell entry and we look to see a further move down.

UrbanForex

⋅ Sep 18, 2018 9:25 AM

@FXCM-EDU, That sounds really good. It is still in a strong seller's market at the moment.