USDCHF Short Short

U.S. Dollar / Swiss FrancFOREX.com

Description

⋅ Apr 18, 2019 8:11 AM

Approaching a major level of resistance will be forming a triple top.
USD Has it's announcements for Retail sales as well as Core retail sales.
I'm expecting these numbers to return lower then expected.

Hourly time frame is the red Fibonacci level.
Daily time frame is the blue Fibonacci level.

Only enter at specific level.

Order cancelled

⋅ Apr 18, 2019 11:08 PM

Invalid trade

Comments

IgorPorokh

⋅ Apr 18, 2019 2:12 PM

@ethan45 Buddy cool strategy. I think everything will work out. I will follow you, interesting how it will end

UnknownUnicorn4570907

⋅ Apr 18, 2019 8:27 AM

Good idea, however R/R ratio is a problem fo me. Maybe short from 1.0099 up to TP1?

ethan45

⋅ Apr 18, 2019 8:30 AM

@Paranoid_Trade_Decisons, Doesn't meet my strategy i only enter after 23.6 Fibonacci level.