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paintek
Sep 24, 2018 6:18 PM

USD/CHF short idea on H1/H4 Short

U.S. Dollar/Swiss FrancFXCM

Description

Hi Traders!

OANDA:USDCHF is on a clear downtrend on the H1 and H4 charts.

Price reached a resistance zone, where we can look for bearish candles to enter the trade.

Fibonacci level can provide a good resistance to the short setup.

Entry strategy: wait for a bearish candle which crosses the 0.9631 level.


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Order cancelled

Trade idea became invalid.
Thanks to the proper entry strategy we didn't open this trade.
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