Fxprotrader
Short

USDCHF: Sell Opportunity At Active Slope Parallel

FX:USDCHF   U.S. Dollar/Swiss Franc
354 3 14
This modified schiff pitchfork has a very active slope with price bouncing almost everytime it reaches one of its parallels. It's now being rejected at the upper quartile of the pitchfork . Any sell setup completion at the quartile will be a very good sell opportunity.
Hey there! Would be interesting to have your view on this pair ;) Thanks!
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Fxprotrader SwissPips
@SwissPips, Hi, this idea obviously in no more valid as price rallied giving us no setup at the parallels of the ml. For now i suggest to wait to see if we will have a sharp reversal so we start watcging for short or see if price will start a correction which means we will have another upmove. We definately need to wait..!
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SwissPips PRO Fxprotrader
@Fxprotrader, Thanks for your input. Hopefully it will retrace I shorted the pair @ 1.00....
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