QW-Trading

USD/CHF 60 PIPS Short

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
Reasons why to short USD/CHF:

  • Parabolic SAR Indicates a Parabolic bearish reversal in price
    Cloud breakout at the major resistance zone indicates sell pressure and more proof we are going to reverse because the previous cloud breakout at the major zone also indicated a sell off.
    We broke the trendline and good selling support has shown
    ATR indicates a rise in volume anytime soon which means big movements
    DXY Looks Bearish

Reasons why to go long on USD/CHF


DXY looks Bearish but news can cause a bullish legg on the upside to 97.00 Area
Because sometimes unlogical movement in the market is logical movement, banks playing around.
Comment: S/L set to Breakeven..
Patience!
Trade closed: target reached: +5 pips

No clear directional bias, so we leave the trade