USD/CHF scalping: Technical rebound (but main trend is bullish) Short

U.S. Dollar/Swiss FrancFXCM

Description

⋅ Mar 8, 2018 8:03 AM

Hey guys,

We have been in accumulation for a few hours now.

I am just playing a few pips the technical rebound on this trade as shown in my chart.

Any comment/like is highly appreciated.

Cheers

Jesse

Trade closed: stop reached

⋅ Mar 8, 2018 8:54 AM

Strong rejection from bulls trade stopped

Comments

dlau

⋅ Mar 9, 2018 8:24 AM

main trend is bearish, even though above 20MA, still below 50MA and 200MA
Long term still bearish until there is reversal