USDCHF SHORT: bear flag + structure Short

U.S. Dollar/Swiss FrancFXCM

Description

⋅ May 20, 2019 8:56 AM

market is in attempt to break the bear flag pattern.
for us, it is a very good signal to sell.

T1 - 1.005
T2 - 1.003

Comments

jtwalterss

⋅ May 21, 2019 4:28 AM

Hey quick question on this one, did you determine the 1st arrow by a previous resistance and the where it lined up on the trend line? Another guess would be using a retracement to the .618