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ashddylan
Apr 6, 2017 7:17 PM

USD/CHF - Strong Short Opportunity 

U.S. Dollar/Swiss FrancFXCM

Description

Coming from a very strong AB=CD breakout pattern we're seeing a strong short opportunity. This pair has been trading in this triangle since December and the support & resistance lines have been respected very well, I've entered a short position and looking at a drop to 0.98049 over the next few months.

Comment



I'm now very confident in the prospect of the price falling.

Comment

tradingview.com/x/CjjOBwmR/If you haven't already entered now will be a good time to get involved, retracement coming up. I'm putting in another sell order once I see the right indicators. 32.8 Fib is the one to look out for.

Comment

Sorry here's the chart.
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