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INSANE Spike!!!! Possible Short?!?

Atualizado

This morning MAJOR NEWS for the USD pairs as USDCHF finally broke out which we are not at a MAJOR WEEKLY RESISTANCE Level .99680-.99770 area....
It spiked over 130+ Pips today!

It's also @ fibonacci level .78.6 where prices have been rejected.. going to see how this plays out around london/new york session tomorrow as its also Friday as market may move slow..

Nota

It's still sitting in that BOXED area i have highlighted which it has now broke out downward... hope to see a retracement back down would be nice to follow the support trend line

Nota

Also if you look on 4h timeframe you see a DOJI which usually mean price exhaustion and trend reversal... also along with a bearish engulfing on a 4hr so far two confirmations trend reversal. We have this current 4hr candle would like to see close around or past .984000

Trade ativo

Trade is in profit about 50+ pips... riding it back down to around .98300 area

This could be the big move we been waiting for it to retrace back up to make the big move down

alexpanko

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