Oct 7th @2pm EST we saw lower lows and lower highs being formed on the 4 hour and the one hour time frame. Set up our FIB layout and saw that price was at the 23% retracement point, entered in one position for a sell. The next morning as price continued to buy slightly we entered a sell limit order for the 38% retracement point which it touched perfectly, we will hold our position until we start to see a pull back.
Trade closed manually:
Closed all positions for this trade at around price 0.91000
Price may be reversing, lets see. Dollar is 2x stronger against the CHF right now.
Price may be reversing, lets see. Dollar is 2x stronger against the CHF right now.