USDCHF TRADE IDEA
USDCHF is approaching our 4 hour zone of interest, as we can see, in the previous period there was a strong bullish pressure and there was a structural change, on a larger TF we have no indication of bearish, which gives us additional confirmation for entry. The liquidity created is picked up by the wick before the big impulse and that gives us additional confirmation, it remains to be seen how the price will behave when it reaches our zone of interest. It would be nice to first notice the BOS of the previous market high on a smaller tf and then open a buy position.
USDCHF is approaching our 4 hour zone of interest, as we can see, in the previous period there was a strong bullish pressure and there was a structural change, on a larger TF we have no indication of bearish, which gives us additional confirmation for entry. The liquidity created is picked up by the wick before the big impulse and that gives us additional confirmation, it remains to be seen how the price will behave when it reaches our zone of interest. It would be nice to first notice the BOS of the previous market high on a smaller tf and then open a buy position.