USDCHF (1D): Short Opportunity at Triple Top

26 Eki 2018

USDCHF
Timeframe: 1D
Direction: Short

Confluences for Trade:
- Approaching Double Top Resistance to create Triple Top
- Stochastic Overbought momentum (Weekly and Daily Charts)

Look for ST trendline break in the internal triangle to get further confirmation as currently, the market situation is very volatile.

Suggested Trade:
Entry @ Area of Interest 0.9970 - 1.0050
SL: 1.0113
TP: 0.9740
RR: Approx. 2.30 (Depending on Entry Level)


May the pips move in our favor! Good luck! :D

*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.

27 Eki 2018

İşlem aktif

12 Kas 2018

Not

Price continues to be strongly resisted from going up at 1.01 levels.

Still holding. Long term trade. :)

13 Kas 2018

İşlem kapandı: durdurma seviyesi

13 Kas 2018

İşlem aktif

We feel that this setup is still valid and have reentered with the same TP level, revising our SL levels to 1.0202