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nkanven
Dec 30, 2016 9:23 AM

USDCHF flag broken Short

U.S. Dollar/Swiss FrancFXCM

Description

Hi all! Although the flag formation have broken the support level, we have to notice that it didn't broke an important support level tested many times in the past.
The close of the actual candle below 1.01820 will be my short signal.
Comments
SwissPips
hello there! nice analysis! so entering short ?
nkanven
@SwissPips, Hi. Hard to so. The close is just on the support level :-D
Moreover, all in life is risk. So, I'll go short and but a very tight SL. Few pips about the flag support. No matter all I can say, the last candle shows bull still have power.
nkanven
@SwissPips, Huuuummmm! Bearish is been engulfed by a bullish candle. BAD NEWS :-D
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