STOP/ENTRY/TP - CHFJPY- SHORT ( 2.4% )
Weekly reversal candle. PB required
Daily room to move the nearest S/R LEVEL
4 HR testing 4hr 50 as Dynamic Resistance.
1hr room to move higher to entry and the offer Better Valur.
5min timing Probably Phase line break
Looks good
Daily room to move the nearest S/R LEVEL
4 HR testing 4hr 50 as Dynamic Resistance.
1hr room to move higher to entry and the offer Better Valur.
5min timing Probably Phase line break
Looks good
Note
TIME FRAMES ✅ - WERE PERFECT INDICATING THE SET UP and showing the BIAS ⬇️I simply didn't see this idea until after the case was made for the entry point.
A shot at a discount is ALWAYS a more prudent way to enter the trade ✅
No problem - ON TO THE NEXT TRADE...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.