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jtanum
Mar 9, 2018 3:43 PM

USDCHF Fallen star candlewick at 4H TF  Short

U.S. Dollar/Swiss FrancFXCM

Description

Hi guys,

I've been following this trade carefully for awhile since it has gone thru the previous high.

After the NFP news, the chart has started a reversal and if you look at the 4H TF, you can see there is a fallen star candle wick. Hence, i believe that USDCHF will have minor dip to just above the 0.618 level.

That said, I think this trade is still on an upward trend, so i will be watching closely once it has hit the 0.618 level for the next trend.

T/P at 0.9420
S/L at 0.9555
R:R 1.3

Please don't trade more than 2% of your capital

Hope you gain some profit out of this idea

Cheers!

Trade closed manually

Hey guys,

Target almost reached but im closing this with enuf profit.

Cheers!
Comments
kangjia-chen
good job
jtanum
@kangjia-chen, thx buddy
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