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BloomFisher
Sep 13, 2017 8:29 AM

$USDCHF | BEARISH FORMATION - TIME TO SELL! Short

U.S. Dollar/Swiss FrancFXCM

Description

FOREX SETUP
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USDCHF
SELL - 0.9617 or get CMP (If you can manage the Risk)
SL - 0.9687
TP1 - 0.9476
TP2 - 0.936
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Short Long,
(Divide your trades in two and set TP1 and TP2)
Additional Note: USDCHF Bearish Pattern confirmed,
Tracked by Fibonacci T./Grid, Trend Channel down Formation X=X, 200. DAY, M.
-BEARISH Pattern Confirmed-
____________________
so, what are you waiting for?
let us know in the comment and make sure you like this analysis if you agree!

Comment

COMPLETE ANALYSIS on DXY, you can update your Stop loss by Increasing it manually
(If you can manage to take the risk)

Trade closed: stop reached

Comments
BUSINESS2
Thank you for posting so clear :)
ms24pk
Looking good. Hope to get the tp
huzteck
Thanks for sharing..
Arlind24
Nice
Thanks
psntrader
Nice Setup!
BlackMambaTrader
Seems like a SL hit, but, I saw that you made some really good trades in the past month... keep it up!
carlstoc
SL hit unfortunately
pmifsud
On a macro scale this is wave (3) down.....to be completed by the last sub-wave (v) down so moving down first as you said to 0.9590 zone. However then wave 4 retracement towards the 0.98 region occurs.
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