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Noldo

USDCHF : Short Position Loading

Short
U.S. Dollar / Swiss Franc (OANDA:USDCHF)  
Noldo Updated   
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Support and Resistance Technical Indicators USDCHF Forex forexsignals Currencies AI
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trendanalysis supportandresistance indicator usdchf forex forexsignals currencies ai
As we have seen weekly, the Dollar / Swiss Franc parity, which is close to the short position, remains below the resistance and trend line on the daily basis.You can view on Related Ideas section.And you can see the Bearish Wolfe Wave on chart . Detailed view :
snapshot
The parameters I recommend to make this position less risky:

Position Size : % 1
Risk/Reward Ratio : 1/3
Stop-Loss : 0.98886
Goal : 0.95800
Trade closed manually:
This is Supply and Demand S-R Levels , it seems fine , but we got nice profit and for Fibonacci Support and Resistance Levels , we touched the target and i prefer to close position and watch the status.

snapshot
Comment:
Our net profit is : %1.73 for 1 leverage,regards. If i see something i ' ll share as new idea.
Trade closed manually:
Trade closed with 173 pips short profit on Jan,16

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Noldo
USDCHF General Overview
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