alphatrader
Short

usd,chf turn over time?

FX:USDCHF   U.S. Dollar / Swiss Franc
28 0 1
1. market has finally dropped at a strong resistance zone - horizontal

PLUS

2. two trend line resistance areas

3. fridays bar ended up being a nice bearish "almost" engulfing - the range did not cover the previous
days high, low - however the range was larger then the previous 5 days and lower and that is what
I am taking into a account.

4. my short entry will be 50% of fridays engulfing bar - I like this kind of trade small risk potential for large reward.

1:4

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