The Swissy is set to test the SR level @.9578.The price is below ichimoku cloud with bearish bias.
Entry - closing price of candle breaking below .9578 level
SL- Around .9605
Caution -Be patient for a firm candle close below the SR level before Entry.
GOOD LUCK!!
Note
The SR level line is not visible in chart.Can draw manually @.9605.
Note
Chart with SR line updated@ .9578 level.Trade active
Looks Swissy waiting for Bexit result.in case refrendum YES the trade setup might be invalidated.Trade active
The trade started moving in expected direction.Still as the Brexit result is not out will suggest a bit less aggressive profit targets.In case the result is "EXIT" and the pair is expected to continue the bearish movement.
On technical side Tinkensen,Kijensen and chikou with cloud is supporting the bearish move.
Note
Typo it is "REMAIN" not "EXIT" in above comment.Trade closed: stop reached
Trade stopped out.BrExit leading over BRemain. Swissy expected to rise high as safe havens will get preference.Not good time to participate in market....better being watchful.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.