FX:USDCHF   U.S. Dollar/Swiss Franc
85 0 0
Last week I missed the fed release as there were to many doubts. Instead I used it as trend indication. During the first cool down I took the next ride up during an ABCD completion and at a 50% fib rejection where I also counted 3 correctional waves that was just a winner. Later it formed also a double bottom. The second entry I must admit that was a flip a coin trade as I speculated a possible fakey with a next lower double bottom. I couldn't imagine a break of trend just yet.
The reason for my short entry is because market moved under 0.93602 creating an upper fakey formation. I'm looking for a retest of the second correctional waves and a possible break below. Keeping my eyes peeled at the marked areas.
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