[GBPCHF, 1/22/2019] Opened short position
Updated
Reasons:
1. Three moving average system shows a sell signal
2. DXY has been strong recently
3. Price is likely to move in ABC corrective pattern
TP at support level 1.27300
1. Three moving average system shows a sell signal
2. DXY has been strong recently
3. Price is likely to move in ABC corrective pattern
TP at support level 1.27300
Trade closed manually
As price turned bullish with bigger momentum, it is better to buy at dips rather than selling now.
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