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LolliPip
Jul 30, 2015 5:06 PM

EUR/CHF short 1H chart, based upon supply, demand and fibonacci Short

Euro Fx/Swiss FrancFXCM

Description

Coming down from a supply level, the price broke the uptrend line before making a reversal continuing the new downtrend.
I will sell when I get a bearish confirmation in the form of a candlestick pattern or something similar.
Target will be at the 1.618 and the SL above the supply level.
Comments
LolliPip
Trade is active from engulfing candle (1.05841)
Closed half of trade at the 1.272 (1.05489) to let the rest ride.
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