HumphreyNR
Short

ABCD Developing? SELL SET UP?

FX:USDCHF   U.S. Dollar / Swiss Franc
53 2 5
I'm Short now
1. ABCD Pattern completed
2. Price at previous resistance (March 2016)
3. Divergence on the RSI
4. Looking to take first profit at 0.236 area because it has served as strong support levels in Feb. and March 2016

Posted a little late. I'm still a learner, and all constructive comments and ideas are welcome.
Trade what you see; Trade your plan and plan your trade.
Thanks
Comment: SL was moved to break-even when price got to 0.9708 area
Comment: +80 pips
Price broke 1H trendline.
Stop loss has been moved to 0.9690 (securing +50 pips).
Trade closed: target reached
Thanx
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HumphreyNR fredkiki
You're welcome, mate. Let's see how it goes... :)
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