The808Trader
Short

EUR/CHF - Ichimoku Short Breakout Trade Setup

FX:EURCHF   Euro / Swiss Franc
For this setup I am looking for a sustained move down to consider a sell entry. I'm looking tThis pair went sideways last week before finally breaking kijun support and is now testing the bottom of the kumo. I will be looking for a sell if we can break down below the cloud which would also line up about the time chikou span could break below price. I would like to see the current kumo twist to bearish as a final confirmation but that may not happen within the time frame of the entry, since we are already so close to the bottom of the cloud. If we fail to break below the cloud or move sideways, this setup may become invalidated.
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