USDCHF, D1, 20181003 SHORT IDEA
1. USDCHF on daily candle chart just retraced 61% Fibonacci from 13th of July, 2018 to 21st September, 2018.
2. If you see chart on daily time frame you see very strong support in past turn into resistance.
3. Daily hammer yesterday telling us that in this area bulls losing control.
4. RSI9 is above 70.
5. Stoch(5,3,3) Indicator above 80 and pointing downward.
6. William% below -20.
Above strong aligned indicator giving us better opportunity to sell opporunity with stop loss just few pips above daily high. Profit taking shall be 38% of Fibonacci @ 0.9750.
2. If you see chart on daily time frame you see very strong support in past turn into resistance.
3. Daily hammer yesterday telling us that in this area bulls losing control.
4. RSI9 is above 70.
5. Stoch(5,3,3) Indicator above 80 and pointing downward.
6. William% below -20.
Above strong aligned indicator giving us better opportunity to sell opporunity with stop loss just few pips above daily high. Profit taking shall be 38% of Fibonacci @ 0.9750.
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