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TevinW
Oct 1, 2018 11:14 PM

(SELL,1HR) USDCHF May Be Heading Down For The Week (Or Till Wed) Short

U.S. Dollar/Swiss FrancFXCM

Description

- 3rd level consolidation
- multiple tests of the high
- wait for sell entry signal

* watch out for key news releases on Wednesday

- t1: 0.98033 -> 50 ema
- t2: 0.97416 -> 50 fibonacci retracement from start of cycle
- t3: 0.97020 -> 50 fibonacci retracement from 21 sept low

Trade closed: stop reached

Trade went rogue. Double top was faked out. Stopped out on beginning of Fib drawing
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