Tuesday, August 25, 2015
New Signal USDCHF
As of 08/25/2015 at 16:20 EST:
The Global Currency Scalper has identified a possible Short trade in USDCHF.
We will be watching USDCHF for a breakout of this Rising Wedge to the downside. This is an emerging pattern with high probability. Wait for a close on the 30 minute chart below the lower trendline of this rising wedge pattern before initiating a position. Targets of 0.93300, 0.93000 and 0.92500.
If this pair breaks up through the upper trendline this signal will be null and void.