tmh85

USDCHF Fib Confluence Short Trade

Short
tmh85 Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Looking for market to retrace after running into a 127 and 141 fib confluence that are within a pip

Market is also very overbought giving more cause to the short case

Not looking for total reversal just pullback to continue the overall trend

SL is at the 1.00560s above the previous swing high

Looking to take profit at 9990s


Good luck and always have a plan
Comment:
In the trade and up more than 30 pips so far
Still holding until we hit TP

Trade closed: target reached:
Target was hit
Turned out to be a great trade!

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