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Rayyan_2805
Apr 25, 2019 11:32 AM

Possible Short for EURCHF Short

Euro Fx/Swiss FrancFXCM

Description

Possible short position for EURCHF. Price is currently moving below both the 50 and 200 EMA , thus indicating a short bias. Price is currently in a huge downtrend spanning for the past few months as you can see with the trend line channel. I have put in a risky short position with a 35 pip stop loss to compensate for the already occurring downtrend so we can survive the likely retrace to the upside. Take profit is at 60 pips. FX:EURCHF
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