[USDCHF] Sell Limit - 06/08/22 - New York Session

2022년 6월 8일

Took a different approach with setup on USDCHF. The overall fibonacci reached it's target and that was the last high. Since then it has fallen (as expected) and found some resistance at the 38.2 zone. From this price on a lower timeframe the market formed something like a double top which took out most stop losses, but didn't reach a higher fibonnaci zone. I went ahead and took a sell and risked about 0.3% on the trade. Generally USDCHF moves very steadily once you can confirm the trend. I plan on holding the trade, just to see what it is going to do. Feeling very confident about it's momentum.