Hey traders, hope everyone enjoyed their weekend.
Coming up with a quick educational post about our market theory on a lower 1h timeframe. We are in a short on EURCHF since a few days. Looking at the lower time frame setups we can clearly see how a bullish run with two corrections (marked in yellow boxes) happened. On the other side this is a nice chart for price action education. Grey boxes mark prize zones where huge amount of positions are - on both sides. You see how these zones are touched from the top and the bottom ? Let that sink.
Wishing everyone a great week!
Coming up with a quick educational post about our market theory on a lower 1h timeframe. We are in a short on EURCHF since a few days. Looking at the lower time frame setups we can clearly see how a bullish run with two corrections (marked in yellow boxes) happened. On the other side this is a nice chart for price action education. Grey boxes mark prize zones where huge amount of positions are - on both sides. You see how these zones are touched from the top and the bottom ? Let that sink.
Wishing everyone a great week!
Comment:
Falling down so far.
Trade closed manually:
Market is forming lows. Closing the trade with good profits.
Comment:
Trade is updated on the new idea.
