USDCHF is at a resistance level (0.9950) - highs in May and July
Price seems to be stuck here for the 4th day today
Took a small short position.
There is a potential bearish Shark pattern completing at 0.9955/57
H4 AB=CD pattern completing at 0.9988, so stops has to go above this levels
H4 bearish divergence on the RSI - indicating an exhaustion move
Price seems to be stuck here for the 4th day today
Took a small short position.
There is a potential bearish Shark pattern completing at 0.9955/57
H4 AB=CD pattern completing at 0.9988, so stops has to go above this levels
H4 bearish divergence on the RSI - indicating an exhaustion move
交易進行:
My initial position took a little scare as price spiked up to completed the ABCD. Took another short at 0.9988 at the ABCD completion. Now holding a full position short.
交易進行:
Finally see this drop in the last few hours. Fingers crossed and shooting for the 0.9918 level
評論:
Still in the trade, nothing is giving me the indication to exit the trade. Stops still above the 1.0 handle at 1.0008. Can consider to tighten stops to 0.9980
交易進行:
Price finally made a move down before the week ended on Friday. Shifted my SL to break even (now approx 60pips profits). Now I see a some retracement up, would not be surprised if it goes as high as 0.9913
交易進行:
Tightened SL to 0.9918 (locking in at least +33pips), target remains at 0.9718. I would like to see price breaking the immediate support at 0.9857 & 0.9841
評論:
Tightened the SL by another 100 pips to 0.9818 (+133pips), target is at the TL support, readjusted TP to 0.9720. Since it is only 14pips away, I might close this trade at anytime.
手動結束交易:
Missed my targets by 6 pips. H1 RSI showing bullish divergence, I believe there will be some bounce up before this can break below the TL support. Manually closed my trade at 0.9745 (+205pips).