Description
⋅ Hello all DuncanForex here with another trade idea
With USDCHF heading higher, at the 61.8% retrace area, it has just printed an engulfing bearish candle.
I am now expecting price to head lower for a 6 to 1 Win vs Risk trade.
WIth USD continuing to receive dovish tones from important individuals, I am expecting this to head lower fairly fast.
One to hold over the weekend and will take most of next week to play out.
I am entering 3 trades and will look to enter further trades as it starts to cycle lower.
My website is now live
Thanks for looking at my idea
Duncan
Trade active
⋅ Here is EURUSD that may do similar to the above - however the market isn't showing this as yet Trade active
⋅ Well - they moved fast, have to love the Fed, 6 positions, 3 short for USDCHF and 3 long for EURUSD - along with scalping Gold too.