USDCHF has seen an extreme selloff.
Daily pivot is at 0.9000.
Last time when price was below 0.9000, was in at January 2015, that's why I expected this level to hold, or this extreme selloff to continue.
I will use tight stop loss on this trade, which provides very good risk reward.
Good luck catching the bottom!
Tibor
Daily pivot is at 0.9000.
Last time when price was below 0.9000, was in at January 2015, that's why I expected this level to hold, or this extreme selloff to continue.
I will use tight stop loss on this trade, which provides very good risk reward.
Good luck catching the bottom!
Tibor
Trade closed: stop reached:
Stop loss has been hit! -7 pips
