USDCHF

I’ve been mention this setup earlier on my Twitter account. This the pair that I’ve been discussed yesterday. Price on USDCHF formed a Daily Inside Bar after broken through the old support level. The daily inside bar could be a signal for continuation. Since I’m still bearish on USDCHF, I decide to open short trade if the price could break low of the mother bar. The stop loss would be above the housing candle. 

OP: sell 0.9688, SL: 0.9878, TP1: 0.9540, TP2: 0.9350

Notes:

  • Adjust stop loss to break even if the price reach first target.

USDCHF_twitter

USDCHF daily chart

USDCHFDaily_160211

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