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11021992
Jul 23, 2017 9:20 AM

USDCHF: Up or down? 

U.S. Dollar/Swiss FrancFXCM

Description

Hey traders,

On the USDCHF weekly chart we can see that price has reached a weekly structure zone. Although I expect a correction to the upside for now, I'm also ready to enter short as soon as we have a daily close below the black line.

Cheers
Comments
SetagayaGirl
It's all very nice, but we don't really know what your plan is, other than "shorting on a daily close below the black line". For example, what would tell you that such a short isn't working, & where would your exit be if you were wrong? These things make up a plan. It's also ... exceedingly close to negating your "expect a correction to the upside for now" to say that a daily close below a level so very close to price would put you short.
BLUE43
:-)
BLUE43
11021992
@BLUE43, Stealer!
BLUE43
@11021992, what steal ? im following that pair since the beginning of june and post about it everytime. its just the level with ichimoku
11021992
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