Zedro

USDCHF Trend Continuation Short

Short
Zedro Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Entry - 0.96900
Target - 0.96540
Stop Loss - 0.97145

Looking for a continuation down on USDCHF off the 30EMA (green line) and Ichimoku Cloud on the 4H chart. This is one of my more reliable set-ups. Looking for a retest of the area of the previous low at 0.9654. Stop loss is above a minor area resistance area and in the Ichimoku Cloud.

-Zedro
Trade active
Trade closed: stop reached:
Pretty rough series of trades for me recenetly. Price skyrocketed past my stop. That's why stops exist. My set-ups haven't been working out, so I'll have to perform a lengthy review of my backtested strategy before posting again.

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