USDCHF, Reversal trend on H4.

已更新
D1:
- Tendency: upward and weakening
- Test resistance W1, given reversal candle
--> Waiting downward pullback
快照
H4:
- Structure: Uptrend
- Test resistance week
- Given signal: Sell
- Breakout trendline
--> Waiting downward pullback
快照
Please support the setup with your likes, comments and by following on TradingView.
Thanks

註釋
This gonna go up more, don't FOMO to short sell too soon
交易進行
There you GO...
註釋
Set the Stoploss of this trade lightly above the previous Top to make tight Stoploss in case it breaks with strenght and focus on the other trades of the day which leverages when USD shows strenght
註釋
Some people asked if they continue to Short sell this. H4 closed give a bearish candle with good bearish body. So it's not bad to go for short with very tight Stoploss above Top. This is not a proper setup, but it's a good trade off from R/R.

I always go for R/R ratio, so no matter what it's trend following or counter-trend as long as provided good R/R, it's all good trades. Don't make things complicated
交易結束:達到停損點
Reached Stop. It's a small stoploss, get over quick and trade the pending deals
Chart PatternsForexHarmonic PatternsTrend AnalysisUSDCHF

I’ve taken a break from my public community engagements to focus on raising my three kids, but I'm rediscovering my passion for working again. Stay connected, as I plan to return and rejoin my old communities with a lot of new skills one day soon.

免責聲明