alicanuz

EUR/CHF SHORT TRADE SETUP

Short
alicanuz Updated   
FX:EURCHF   Euro / Swiss Franc
EUR/CHF seems to be ready to dump, I sold around 9559 with the short target of 9492 the 0.27 fibo extansion which in this case a lower low.
If price breaks 4h structure to the upside I will add another sell on 9584 to profit from with a possible retest of the 9559 area where I will close my
short positions. Either way, I make money. Make sure to follow this idea, I will keep posting how I manage this trade as price moves.
Comment:

She broke to the upside now I'll wait for a retest of 9550 area and close my short position or if price continues moving up I will add another short position on 9590 and try to ride it to 9560 where I will close all my short positions and profit.
Trade closed: target reached:
As I mentioned in my previous comment price went up to 9590 and I sold one more unit which I closed today in profit at 9560 where my initial entry was with overall a 30 pip profit.
Trade closed: target reached:

As I mentioned in my previous comment price went up to 9590 and I sold one more unit which I closed today in profit at 9560 where my initial entry was with overall a 30 pip profit.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.