SeanHutcheson

USDCHF speculation - 26/5/2018

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
Top down analysis of USDCHF - please comment any feedback or ideas!
Comment: Looks like the potential sell zone will be reached soon, await a strong rebound off of resistance to enter short.
Comment: Inside the potential entry zone, could enter short now or wait for it to hit and bounce off of resistance.
Comment: Entered as soon as it crossed resistance again - 59 pips profit
Comment: ^calculation error - 45 pips in profit.
Comment: Bounced off of support, back to 16 pips in profit - may be a bouncy one this - watch that resistance isn't broken.
Comment: 88 pips profit!

Comments

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