USDCHF - SHORT 4 : 1 Continuation trade - WIn vs Risk

Updated
Hi All

I have entered another posiiton shorting the USD against CHF.

I expect this to go lower due to weakening dollar and it is now cycling lower on the 1 hour time frame

This is my next entry along side the related idea below.

Thanks for looking

Duncan

DuncanForex.com coming soon
Trade closed: stop reached
Hello All,
Sadly this trade didn't work out, I thought it was cycling lower however it looks like it wanted to make a double top and Butterfly pattern and return to resistance to do so.
I entered Short at 1.0208 and am now expecting this to cycle lower
chfdollarduncanforexEconomic CyclesMultiple Time Frame AnalysispriceactionSupport and ResistanceUSDweakness

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