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.

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