11021992

USDCHF short entry on the daily

Short
11021992 Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Hi traders,

On the daily USDCHF I am looking for a short entry at parity. My main reasons:
  • Trendline is around that area
  • 61.8% Fibonacci retracement
  • Completed AB=CD pattern
  • Major psychological number at 1

Entry: 0.99986
Stop: 1.01089
Target: 0.98250 = R:RR 1.58

Updates will follow. Good luck!
Comment:
Removing this entry for now. Will wait and see what the FOMC meeting brings.
Comment:
FOMC didn't have much impact. Trade is still valid.
Order cancelled:
This pattern is no longer valid. Entry deleted.
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