zader33
Short

EURCHF Short

FX:EURCHF   Euro / Swiss Franc
This pair has finally broken it's uptrend that it began on March 2, 2018. Moreover, we have a bearish divergence crossover on the MACD (settings 12, 26, 9) on the daily chart as well that occurred on April 27, 2018. With bearish pressure mounting, it is only time before we have a 4H close below the 50MAV and an acceleration downwards.

Please comment your views below.

Thank you for looking and best of luck trading!
Hit My TP 1.8900. Wait for the pullback, and sell it again. Thx for this chart mate.
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zader33 WayanEkaLautzePutra
@WayanEkaLautzePutra, You are most welcome! I plan on selling any rallies we have during the low volume sessions after New York closes and before Asia opens. I definitely think 1.183xx is on the cards within the next 24-48 hours. A possibly target the 1.1668-1.1448 region in the coming weeks. And if that level fails, back down to the August 2017 low of 1.1259
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Already 60 Pips, I want to take some profit now :)) Btw, where is the TP for this trade Mr Zader33?
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It's seem start drop :)
Great analysis. I put sell on this pair from 30 April.
Reply
zader33 WayanEkaLautzePutra
@WayanEkaLautzePutra, my first TP is 1.1880
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