Looking at a USDCHF short market execution. It is making a double top at the resistance zone. Market execution 60 pip take profit and 40 pip stop loss.
Looking for a .618 Fibonacci retracement to the downside. Which will be a GBPNZD short We're going with the trend here and with the recent pullback, this short should happen soon. I've place a 60 pip take profit with a 40 pip stop loss.
Looking for a EURUSD short based on the .618 Fibonacci Retracement zone. The .618 Retracement zone lines up with the 1.22250 resistance level. We're going with the trend here.
FX:EURUSD
Mike Morelli
