MattArmstrong

USDCHF - Short Potential?

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
I'm sure I'm not the only one pondering the USD strength. I traded the USD index through this pair last week, it worked. I did think it was going to go a little further however. Ok, so now I see price approaching a previous area of resistance on the 4 hour. A dash of MACD divergence available... toss is a pivot and we have a story beginning. Things can happen fast on this pair. 1% risk 2:1RR - Happy Trading!

I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
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