digitaltradingfx
Short

Time to short this sucker USDCHF #fx #forex #trading

FX:USDCHF   U.S. Dollar/Swiss Franc
179 0 0
Summary

Break

Scenario : Short
- A break of the blue trendline which is better represented on the 4H chart will support my bias to go short and i will be looking for. This line has acted s good support for the rising trendline and a break of it will mean further down to the green major trendline. A hidden bearish divergence is also worth mentioning as this signifies trend continuation.

Entry
I favor an entry at 0.886 zone after a break and then a bounce of the blue TL

SL is based on previous high and fibonacci reversal of 0.89457

Total TP Target : 0.86273

TP1 : 55% of T.TP

TP 2: 85% of T.TP
Follow me on twitter @olatrading

Total Trades :3
Total Pips : 313 Pips


Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out