USD.CHF - Historical Resistance At 1.000

22 oct. 2017

Currency Pair: USD.CHF
Time Frame: Daily & 4hr
Daily Predicted Direction: Long
4hr Predicted Direction: Short

Live USD.CHF updates will be available in the comments section below

23 oct. 2017

Note

A textbook doji candle has formed at trendline resistance, however i will be waiting 1 more day as i feel this is a bear trap.

24 oct. 2017

Note

As explained yesterday a perfect bear trap formed, it's the main reason why i await a clear reversal as opposed to shorting on a daily candle close.

27 oct. 2017

Note

Price has now retested 1.000
I am now awaiting a reversal opportunity.