Inside Day Play - USDCHF

5 thg 9, 2016

If price can rally into the resistance zone up at 0.9836 I will sell it, in anticipation of an Inside Day Failure. We still have the bearish bias in play from the daily (bearish engulfing) and EURUSD could potentially setup for a beartrap, which provides the context for this trade. Trying to get in as close as possible to where I am wrong. Will cancel the order if we break the Inside Day lows first.