Swiss Franc Stop

Wednesday  26 March 2014

Raise the sell stop to 1.1296

This is a money stop.  Price has twice tried to rally higher.
If it retraces back to the entry-level, it will confirm there
is no upside directional movement, at this time.  The odds
of a directional move will be reduced, even though there
is a slight bias to the upside.  “Slight” is not highly favorable.

This entry was posted in Trade Recommendations. Bookmark the permalink.