USDCHF - lets try short again

17 mag 2018USDCHF price is high, so it is good time to look for short opportunity. Previously I unsuccessfully tried short at channel top, but market went up so I had to close my position. Right now I think it's great place to try short again, because chart is fighting with resistance zone.
My target is somewhere about short term uptrend line. I will set stop-loss few pips above local top.

21 mag 2018

Commento

It looks more like consolidation, not even a downtrend, but I decided to keep small position on it and observe how market will behave. If market will go down more dynamically I will definitely open bigger short positon.

Personally, I don't like situations where market moves really slow, like investors couldn't decide whether they are buying or selling and usually I'm quiting that positions just not to freeze my money in uncertain situation, but right now USDCHF crossed SMA100, so maybe it will have one quick bearish day before entering downtrend.

30 mag 2018

Trade chiuso: obiettivo raggiunto