A couple of weeks ago we were looking to get the short US Dollar and USDCHF was the pick of our watch list.
The daily time frame had recently retraced to resistance and our analysis suggested there was much further for market to go lower.
We waited for the right timing and then idetified a classic Momentum set up to get positioned short on the 15 minuet time frame.
The market continued to move lower and we evenually closed our positions out the following morning booking a health profit on the trade.
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