muhiuddin
Short

USDCHF, D1, 20181003 SHORT IDEA

FX:USDCHF   U.S. Dollar / Swiss Franc
1. USDCHF on daily candle chart just retraced 61% Fibonacci from 13th of July, 2018 to 21st September, 2018.
2. If you see chart on daily time frame you see very strong support in past turn into resistance.
3. Daily hammer yesterday telling us that in this area bulls losing control.
4. RSI9 is above 70.
5. Stoch (5,3,3) Indicator above 80 and pointing downward.
6. William% below -20.

Above strong aligned indicator giving us better opportunity to sell opporunity with stop loss just few pips above daily high. Profit taking shall be 38% of Fibonacci @ 0.9750.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out