USDCHF Crosses the Trendline break down for Short
USDCHF Crosses the Trendline and creates a new bottom at the 38% Fibonacci line
So now the uptrend has been broken.
We can consider entering an order
#1 Sell: 0.87816 fibo zone 23.6%
Stop loss: 0.88676
Take profit: 0.85769 at fibo 61.8%
#2 Sell: 0.88186
Stop loss: 0.88186
Take profit: 0.85781 at fibo 61.8%
#3 Sell: 0.88349
SL: 0.88688
TP: 0.85775
#4 Close 1/2 Order when price to Fibo 38.2% and move SL to Entry price
# Good look to you
So now the uptrend has been broken.
We can consider entering an order
#1 Sell: 0.87816 fibo zone 23.6%
Stop loss: 0.88676
Take profit: 0.85769 at fibo 61.8%
#2 Sell: 0.88186
Stop loss: 0.88186
Take profit: 0.85781 at fibo 61.8%
#3 Sell: 0.88349
SL: 0.88688
TP: 0.85775
#4 Close 1/2 Order when price to Fibo 38.2% and move SL to Entry price
# Good look to you
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