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Write a Squawk to TDI786
  • Squawk / Thursday at 5:47 GMT
    Partner at 3 C ANALYSIS / 3cAnalysis
    United Kingdom
    USDCHF - Cautiously Bearish & Sell .9900 Rally. Stop .9935
    The neutral range set in yesterday's report was unthreatened as the consolidation in USDCHF stretched to a 5th day in a row. That price action came against a background of a rising Keltner channel – although that channel is beginning to flatten - and above a Marabuzo line created on Oct 3rd. However the upside stalling has been translated into a more significant decline in Asia, and although an early positive reaction is probable, the immediate bias is now negative.
    We lok to Sell at .9870 and .9900
    Stop is .9935 bid
    Targets - .9840, .9819 or even .9790
    Closes - 4pm London time
    Read the Squawk
    5d
    TDI786 TDI786
    As Alan said to short
    if it shorts then it will be big one
    5d
    Montykris Montykris
    I am in as the risk reward is good enough but a tight stop bellow that of Alan, @ 99.099 I sold at 98.942 15 pips loss...
    5d
    AlanCollins AlanCollins
    mmm. tough markets at the moment so sorry calls not as good as I expect them to be. Blank page tomorrow and as Churchill once said (or...
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