We caught this trade together in the telegram group last week, price will collapse from this point all the way to the target zone, wait for a significant pullback before you get involved in the new trend.
CHFJPY has been making easy corrections. Look for a break on the smaller timeframe and then enter. This has the potential to go much lower. See chart update for bigger timeframe analysis.
Goodluck and trade safe!
Good morning ladies & gents,
Following on from our USDCHF short idea, price has now traded back into our D1 Bullish Orderblock.
From this area, I'm looking to look for a reversal to the upside.
The market has NOT shown signs of breaking down yet on the lowertimeframes, so these boxes don't highlight my entry point. What they highlight is areas where you can...
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...
Across the board we are waiting for AUD weakness and this may be at the right spot to look for shorting opportunities. Will look to sell once we get a confirmation - break of trendline and retest.
See links below for more set ups.
Good morning ladies & gents.
USDCHF has also broken market structure, looking for a reversal trade from this area going short.
After trading up aggressively into our D1 Bearish Orderblock, I see a reversal from this area down to the H4 Bullish Orderblock and also the BISI area below, once it hits the BISI and the Market Maker's books are rebalanced on the H4/D1...
USDCHF still bullish and weekly candlestick ended in indecision, the pair has capability to go either up or down next trading week. However, for the bullish trend to continue, USDCHF must close above 0.93260
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
This is an update to our previous post on USDCHF. So as you can see price came extremely close to out take profit zone, the wick actually shows that its crossed the TP1 zone but due to idiotic spreads we didn't get automatically taken out of this trade. nevertheless we were luckily monitoring this trade as it happened and ended up closing the trade manually for 5...
Hi guys, further to our last post we mentioned that we had a live trade running which was USDCHF. Now that the trade has started falling nicely we thought we'd update you all with how it was going. Currently we are running +20 PIPS in profit and are hoping to reach our take profit this afternoon. We will update you all very soon on our position on this trade.