MEX_Exchange
Short

USDCHF reversing below our stop loss resistance, remain bearish

FX:USDCHF   US-Dollar / Schweizer Franken
Sell below 0.9874. Stop loss at 0.9896. Take profit at 0.9786.
Reason for the trading strategy (technically):
Price has reversed nicely below our stop loss yesterday. We look to remain bearish below 0.9874 resistance ( Fibonacci retracement , horizontal overlap resistance, bearish divergence) for a further push down to at least 0.9786 support ( Fibonacci extension , horizontal swing low support).
Stochastic (34,3,1) has good downside potential for our remaining drop.
Trade geschlossen: Ziel wurde erreicht: Oh no too many pips to hold! Remember to treat your family to a good meal this weekend with the money you made ;)
https://telegram.me/fxtradingroom --> join the waiting list for our free live trading room!
thank you thank you and thank you!!! :)
+1 Antworten
Well done! Eh, I did only 14.14$. "Trading" with small amounts until I can have a good amount to trade. Thank you for this analysis !
+2 Antworten
Do you delete all your trades that aren't right after they happen to be wrong?
+6 Antworten
ChangoMansira PRO BrichelleClerico
@BrichelleClerico, All trades remain on TV. No-one can delete ideas from TV after 20 minutes of publishing.
+1 Antworten
MEX_Exchange PRO BrichelleClerico
@BrichelleClerico, there will always be haters
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