TradingView
ZahariKrumov
Jun 1, 2019 3:28 PM

USD CHF Re-test then short Long

U.S. Dollar/Swiss FrancFXCM

Description

Looking at this pair, I can determine that it will continue moving in it's tunnel respecting it's retracements but will wait for the next retracement before entering. So far it broke the 61.8% fibb level, so now we are looking for the 50%. The dollar index is near a support level, so expecting a bounce back after a small drop, will take the bull retracement for 50 pips and then go for a 100 pip trade. Trade small on this pair, due to it's low volatility.
More