USDCHF speculation - 26/5/2018

26 may 2018

Top down analysis of USDCHF - please comment any feedback or ideas!

28 may 2018

Nota

Looks like the potential sell zone will be reached soon, await a strong rebound off of resistance to enter short.

29 may 2018

Nota

Inside the potential entry zone, could enter short now or wait for it to hit and bounce off of resistance.

29 may 2018

Nota

Entered as soon as it crossed resistance again - 59 pips profit

29 may 2018

Nota

^calculation error - 45 pips in profit.

30 may 2018

Nota

Bounced off of support, back to 16 pips in profit - may be a bouncy one this - watch that resistance isn't broken.

31 may 2018

Nota

88 pips profit!