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Nov 12, 2019 9:46 AM

USDCHF MORE DOWNSIDE Short

U.S. Dollar/Swiss FrancFXCM

Description

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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