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fmtrad3r

USDCHF short.

Short
U.S. Dollar / Swiss Franc (OANDA:USDCHF)  
fmtrad3r Updated   
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Parallel Channel USDCHF usdchfshort
2
0
parallelchannel usdchf usdchfshort
USDCHF broke out of the upper channel and is now creating a bear flag. entry would be top of the flag or when it breaks to the downside.
Comment:
It's finally breaking to the downside as expected. I was too sure on this trade that I've entered earlier (1.01200), so I'm now in 20-25 pips profit.

This is just getting started though, so enter your shorts now if you've not already done so.
Trade closed: target reached:
1.0120 to 1.0040 = 80 pips banked. trade closed.
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