Wednesday, October 31, 2012

USDCHF Channel Break Short Trade USDCHF Short Trade
I am watching this channel from past few sessions. Now this channel has broken on downside. 

One thing to notice is that 200EMA has provided a good resistance/support to pair in past. And in current chart pair is going south after touching it. 

To enter short, I will be looking for any bounce to area 0.9330/40 with a stop loss at highs.

No comments:

Post a Comment

Related Post