TradingView
TheDailyTrader_FX
Jan 22, 2019 8:57 AM

EUR/CHF False Breakout AND Double Top+RSI Divergence Short

Euro Fx/Swiss FrancFXCM

Description

Hi Traders!
This pair has put in false breakout as well as Double right after. There is also Bearish divergence on RSI confirming bearish bias.
Currently pair has broken previous structure support, turning it to a resistance.

Sell @ 1.13302
ATR Based stop loss above the previous heights @ around 1.13478
First take profit target @ 1.13052
Second take profit target @ 1.12810

Trade closed: target reached

1st and 2nd target filled.
More