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SimpleMillennialAverage
Feb 22, 2017 8:40 PM

USDCHF 50MA Daily Resistance Redux Short

U.S. Dollar/Swiss FrancFXCM

Description

FX_IDC:USDCHF suddenly shot up and stopped my previous short. So far it indeed got rejected at a daily forming a nice reversal bearish candle. Same parameters as previous trade.

Previous Trade Idea:


Entry: 1.0967
SL: 1.105
TP: (tp1) 1.005 (tp2) 0.9999 (tp3) 0.991

Any feedbacks are appreciated!

Comment

Moved SL to 1.115

Comment

Moved SL to 1.012

Comment

Took partial profits at 1.0064. Placed additional limit order shorts at 1.009

Comment

Added shorts at 1.0071

Comment

Closed most shorts for profit at 1.00338. Better not be greedy before the weekend. Lets reload for at any pops

Trade closed manually

Possible reversal on USDCHF
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