digitaltradingfx
Short

Quick Short term play on USDCHF

FX:USDCHF   U.S. Dollar/Swiss Franc
43 3 2
Quick short play on USDCHF             . if you have been followiing my trades you ll see i trade the same patterns. Simple is better. Down to the Analysis. Trendline bounce on major Downward TL with bounce on upper TL. Hidden bearish divergence also formed on momentum indicator . Pinbar has also formed on 38.2 Fib not shown on chart. Looks like a nice short set up.


UPDATE: Seeing as I have a different perspective on USDCHF             in the longer TFs there is Conflict of Interest and this trade is null

Entry at 0.88370-0.8820

TP1 0.88177

TP2 0.88092

SL0.88553
Hi ! Nice idea but I just don't understand why did you choose this SL value ?
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Hi sorry i use the fib lines for SL in this case i chose the average of the prices between 50 and 61.8 its a muscle memeory thing for me.
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Mirandole PRO digitaltradingfx
Ok ! Have a nice trading day :)
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