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USDCHF in correction before breaking support

Short
U.S. Dollar / Swiss Franc (OANDA:USDCHF)  
Youza Updated   
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators USDCHF forexforecast forextrading forexanalysis forextradingzones Forex tradeidea
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trendanalysis chartpattern indicator usdchf forexforecast forextrading forexanalysis forextradingzones forex tradeidea
- Divergence on the MACD
- 2 strong legs down to support
- Price in correction before more downside move
- Wait for confirmation before entry

Trade active:
breakout has been triggered on the 15m chart
Comment:
Trade running in healthy profits for stops to be placed at 0.99 for 20pips risk or breakeven.
Trade closed: target reached:
Full close at 75-80pips. Waiting for the next entry point.
Comment:
Partial trade is still running in healthy profits! For those who do not manage trades in this way, I always leave a small amount of lot size in the trade running.

Related Ideas

Youza
USDCHF Balanced at the 200EMA
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