USDCHF Short, 1:5 and 1:10 available
アップデート済
Goood afternoon ladies & gents.
USDCHF has presented us with another short opportunity. After relentlessly rising, the market structure has finally shown signs of breakdown.
I'm looking to short from this area down to the first TP where there's a set of equal lows. Oftentimes, a build up of sell stop pending orders are left there from retailers, this is the perfect hunting ground for Market Makers.
The second TP is a little ambitious, but definitely possible depending on how price reacts after hitting TP 1.
If price trades down to our final TP, we can look for a reversal trade to the upside as the Institutional Orderflow on the higher timeframes remains bullish.
Good luck everyone!
USDCHF has presented us with another short opportunity. After relentlessly rising, the market structure has finally shown signs of breakdown.
I'm looking to short from this area down to the first TP where there's a set of equal lows. Oftentimes, a build up of sell stop pending orders are left there from retailers, this is the perfect hunting ground for Market Makers.
The second TP is a little ambitious, but definitely possible depending on how price reacts after hitting TP 1.
If price trades down to our final TP, we can look for a reversal trade to the upside as the Institutional Orderflow on the higher timeframes remains bullish.
Good luck everyone!
ノート
Extremely low sponsorship at this level to be honest, if it doesn't move within the next hour I'm closing out and done for the week.ノート
It's alive. Finally, some movement. Let's see if price delivers now.
ノート
Stop moved to Breakeven.ノート
Price gave us another entry point today on the M5 chart.Beautiful run.
トレード終了: 利益確定目標に到達
TP 1 hit. RR 1:5.4. Risk: 1%
ROI: 5.4%
ノート
Price is extremely close to TP 2. I'll be looking for a huge reversal trade off this area on Wednesday/Thursdayトレード終了: 利益確定目標に到達
Final TP hit. RR 1:10Risk: 1%
ROI: 10%
Congrats on those who took this trade. Huge run.
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