USDCHF week 51 trading plan. Short from SR level
Updated
Overall Uptrend.
Weekly
Price near to Weekly SR.
Closes below.
Daily
Downtrend
Still buyers market.
Near to weekly SR.
4H
Uptrend
1H
uptrend
Exhaustion candle.
From 1 side DXY will go up and USDCHF could break above.
However it is clear exhaustion candle near to SR level - opportunity to short.
I prefer to short it
Entry 0.99800
TP 0.98700
SL 1.00150
RR 4.10
Weekly
Price near to Weekly SR.
Closes below.
Daily
Downtrend
Still buyers market.
Near to weekly SR.
4H
Uptrend
1H
uptrend
Exhaustion candle.
From 1 side DXY will go up and USDCHF could break above.
However it is clear exhaustion candle near to SR level - opportunity to short.
I prefer to short it
Entry 0.99800
TP 0.98700
SL 1.00150
RR 4.10
Trade closed: target reached
+1116 pips.excellent trade.
trade of the week
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