VasilyTrader

great trading opportunity on dollar swiss

Short
VasilyTrader Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc

hey traders,

great selling opportunity for us on a dollar swiss pair.
Market is in a clear downtrend and I was looking for entries to sell the market.

after reaching 0.972 we see a sharp pullback up until 0.985 level.
double top formation leaves us clues that bulls are exhausted and bears come into play.
that we see a local violation of support 0.982.
this is a really strong signal and we should not miss it!

I have already opened selling order.

your stop as always is above the tops!
intial target 0.977 but can be extended 0.972

good luck!

if you have questions, I am always here!
Comment:
One more retest
Comment:
exceeded the top
Trade closed: stop reached

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