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USDCHF Fib Confluence Short Trade
U.S. Dollar / Swiss Franc
Short
USDCHF Fib Confluence Short Trade
By tmh85
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Updated
Jul 14, 2018
1
Jul 13, 2018
Looking for market to retrace after running into a 127 and 141 fib confluence that are within a pip
Market is also very overbought giving more cause to the short case
Not looking for total reversal just pullback to continue the overall trend
SL is at the 1.00560s above the previous swing high
Looking to take profit at 9990s
Good luck and always have a plan
Jul 14, 2018
Note
In the trade and up more than 30 pips so far
Still holding until we hit TP
Jul 17, 2018
Trade closed: target reached
Target was hit
Turned out to be a great trade!
confluence
fib
Fibonacci
LIT
money
SICK
Support and Resistance
trading
Trend Analysis
tmh85
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