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(SELL,1HR) USDCHF May Be Heading Down For The Week (Or Till Wed)
U.S. Dollar / Swiss Franc
Short
(SELL,1HR) USDCHF May Be Heading Down For The Week (Or Till Wed)
By TevinW
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Updated
Oct 19, 2018
4
Oct 1, 2018
- 3rd level consolidation
- multiple tests of the high
- wait for sell entry signal
* watch out for key news releases on Wednesday
- t1: 0.98033 -> 50 ema
- t2: 0.97416 -> 50 fibonacci retracement from start of cycle
- t3: 0.97020 -> 50 fibonacci retracement from 21 sept low
Oct 19, 2018
Trade closed: stop reached
Trade went rogue. Double top was faked out. Stopped out on beginning of Fib drawing
Fibonacci Retracement
selltrade
shortsetup
Trend Analysis
USDCHF
usdchfshort
weeklymarketsanalysis
TevinW
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