Hi,
Looking for a short on the USDCHF, this is purely from a technical viewpoint, we have seen some bearishness in the DXY and a strong bearish leg form followed by lower lows and lower highs. The technical reason is a 50% fib retracement on the most recent bearish leg(1hr timeframe) and a test of lows. We are looking for a 1272 fib extension as a target.
Entry: 0.99198
Stop: 0.99010
Target: 0.98776
I would take less risk on the account with this trade since we have already spiked through the lows and pull back, the support is strong in the area. I recommend a 1% risk on a small account [<20000$].
Watch me trade live at twitch.tv/aardall
Looking for a short on the USDCHF, this is purely from a technical viewpoint, we have seen some bearishness in the DXY and a strong bearish leg form followed by lower lows and lower highs. The technical reason is a 50% fib retracement on the most recent bearish leg(1hr timeframe) and a test of lows. We are looking for a 1272 fib extension as a target.
Entry: 0.99198
Stop: 0.99010
Target: 0.98776
I would take less risk on the account with this trade since we have already spiked through the lows and pull back, the support is strong in the area. I recommend a 1% risk on a small account [<20000$].
Watch me trade live at twitch.tv/aardall
Pesanan dibatalkan
Change in sentiment in the market, we are seeing a rally in the dollar here. We didn't get filled in the short and price looks like it's setting up for another pullback or a bullish run.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.