Shorting usd against chf. Uncertainty prevails. Technically dollar is in downtrend against chf. First stop is 0.9950. Depending on sentiment against the dollar this can go all the way back to 0.9850 region.
Idea is negated if we get back up to 1.0050 and break above it (clear close above it).
Idea is negated if we get back up to 1.0050 and break above it (clear close above it).
Trade closed: target reached:
Nice profit :)