If on monday there is no big gap, i'm going short on eur/chf. firts target will be 1.13800 for a 38 pip move, and second target will be 1.13400 for another 40 pip move. I'll have a 25 pip sl. By looking at the support and resistence lines i feel that the euro will drop more, as it also was rejected to my resistence trendline. i also looked at fibb levels, and it perfectly bounces of these. i think it will go the 50% level.
I'm still a newbie so be carefull, as i have no idea what i'm doing. have a good trading week. :-)
I'm still a newbie so be carefull, as i have no idea what i'm doing. have a good trading week. :-)
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