Quick Short term play on USDCHF

٢ أبريل ٢٠١٤

Quick short play on USDCHF. if you have been followiing my trades you ll see i trade the same patterns. Simple is better. Down to the Analysis. Trendline bounce on major Downward TL with bounce on upper TL. Hidden bearish divergence also formed on momentum indicator. Pinbar has also formed on 38.2 Fib not shown on chart. Looks like a nice short set up.


UPDATE: Seeing as I have a different perspective on USDCHF in the longer TFs there is Conflict of Interest and this trade is null

Entry at 0.88370-0.8820

TP1 0.88177

TP2 0.88092

SL0.88553