Forexzilla.org

On the chart above you can see that USDCHF rallied but when the rally lost steam a bearish engulfing pattern occured. This was a sign of trouble for the bulls. After a correction the market made another attempt for new highs but it failed and two spinning tops occured. This completed a 1-2-3 top and we placed sell order below the lows of the spinning tops @ 1.1838. You could place the order below point 2 also. As you can see a huuuge sell off followed and profit of 150+ pips could be made easily.