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FedericoSellitti
Oct 30, 2019 10:17 AM

EURCHF breakout of the Ichimoku Cloud and ascending channel Short

EUR/CHFOANDA

Description

EURCHF is breaking through the up-channel and the Ichimoku cloud. As mentioned yesterday in the YouTube video, I was waiting for this kind of situation to open a short position. I couldn't get a great risk to reward ratio because I want to place the stop loss above the cloud and the take profit based on the measured move. Still a good opportunity.
Comments
Andres-10
Hi Federico, there seems to be a strong resistance at 1.1020 - No idea which way it will continue.
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