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Genghis
Dec 21, 2015 12:25 PM

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

U.S. Dollar/Swiss FrancFXCM

Description

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
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