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glitchTA

Short on Uptrend Break

Short
U.S. Dollar / Swiss Franc (OANDA:USDCHF)  
glitchTA Updated   
OANDA:USDCHF   U.S. Dollar / Swiss Franc
3
0
We have a break on current uptrend. Expecting a retracement bounce and will short somewhere between .382 and .618 once I see a nice engulf on the 2-5m chart breaking the retracement bounce. Looks like a good 1:1.5 RR trade for first target, and 1:3 for second target.
Comment:
Higher Time Frame Analysis:

snapshot
Trade active:
Trade closed: stop reached:
price broke up on retest =(
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