USDCHF double top 1day 1year

27 Kas 2015

I put in the harmonics to give a clear picture of the price action. Even if it is incorrect; the strong push upward is due for a retracement, and what better place than at a recent top. A close stop is warranted since a powerful breakout is likely if we do breach that top.

This is a long term trade so I will zoom in for a closer look to get more accurate positioning.