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sayan247

USDCHF MORE DOWNSIDE

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
sayan247 Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns Wave Analysis USDCHF usdchfshort usdchfanalysis usdchfidea Technical Analysis Fibonacci Retracement
5
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trendanalysis chartpattern waveanalysis usdchf usdchfshort usdchfanalysis usdchfidea technicalanalysis fibonacciretracement
The USDCHF yesterday retraced from the high posted on Friday 0.9979, measuring Yesterday's range and the price action during the Asian session indicates more downside should be expected. This however depends on the 0.9950 which corresponds to 38.2 retracement of yesterday's range.
Short below 0.9940.
Stop @ 0.9952
Target1: 0.9920
Target2: 0.9900
Trade active:
Trade closed: stop reached:
This is an example of on to the next one. Dont fight the price!
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