UPDATE ON USD/CHF
USD/CHF 30M - As you can see we have now been delivered with the BOS we wanted to the upside to give us the confirmation that enough Demand has been introduced to see this market trade higher longer term.
From here we now want to see price pullback temporarly to set the higher timeframe higher low before continuing with this bullish momentum. Once price does pullback into our area of interest we can prepare to take the market long.
I have gone ahead and marked out an area of interest I feel price may react well from. It will be interesting to see how price plays out over the course of the next day or two.
We could look to take this market short shorter term to capitalise on this correction but as we know this hold risk as the overall structure has now been confirmed to be bullish. Its important that if we do trade against the prevailing trend we are taking additonal precautions.
From here we now want to see price pullback temporarly to set the higher timeframe higher low before continuing with this bullish momentum. Once price does pullback into our area of interest we can prepare to take the market long.
I have gone ahead and marked out an area of interest I feel price may react well from. It will be interesting to see how price plays out over the course of the next day or two.
We could look to take this market short shorter term to capitalise on this correction but as we know this hold risk as the overall structure has now been confirmed to be bullish. Its important that if we do trade against the prevailing trend we are taking additonal precautions.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.