USDCHF AB=CD completed Short

U.S. Dollar/Swiss FrancFXCM

Description

⋅ Jan 18, 2019 1:18 AM

USDCHF AB=CD completed
there's an inside bar at the end of D point
if price break below the red dotted line (0.99315) first
then good to short

SL : 0.99555
TP : Follow arrow

Order cancelled

⋅ Jan 19, 2019 2:22 AM

didn't hit entry price

Comments

FXCM

⋅ Jan 18, 2019 9:35 AM

thanks for sharing this idea, I have a bearish view on USDCHF as well and identified a horizontal swing high resistance which coincides with the 61.8% Fibonacci retracement: