Genghis

USD/CHF ... 1 more short before bull boots are on?

Short
Genghis Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Short position
  • 5 point on bearish trend line (discounting false break from interest rate volatility)
  • False break did set up a head and shoulders pattern

Short term trade as my medium/long term view still north.
Trade active:
Closed half at TP1. Moved SL into profit 0.9950

Short @ 0.9947, SL 0.9970, TP1 0.9914
Comment:
SL moved to 0.9887

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.