USDCHF short entry on the daily

By 11021992
Updated
Hi traders,

On the daily USDCHF I am looking for a short entry at parity. My main reasons:
  • Trendline is around that area
  • 61.8% Fibonacci retracement
  • Completed AB=CD pattern
  • Major psychological number at 1 [parity]


Entry: 0.99986
Stop: 1.01089
Target: 0.98250 = R:RR 1.58

Updates will follow. Good luck!
Comment
Removing this entry for now. Will wait and see what the FOMC meeting brings.
Comment
FOMC didn't have much impact. Trade is still valid.
Order cancelled
This pattern is no longer valid. Entry deleted.
ForexUSDCHF

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