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USDCHF short from demand area
U.S. Dollar / Swiss Franc
Short
USDCHF short from demand area
By TheSupportResistanceTrader
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Updated
Jul 17, 2018
2
Cheer
Cheer
Jul 17, 2018
Shorting USDCHF from the yellow area as that is a supply area on the short (15min) timeframe, as well as the long (4hr, gray area).
These setups usually produce good movements so I am hoping to get a 1:1 RR, as indicated on the chart.
Remember to trade with the probabilities. No single trade determines our performance, we will all have a loser once in a while.
Take care,
TheSupportResistanceTrader
Jul 17, 2018
Order cancelled
Trade idea invalidated as we came 3 pips from entry and then reversed, leaving us out.
area
Demand Zone
Forex
Multiple Time Frame Analysis
profit
profitability
risk
Supply and Demand
Supply Zone
trading
Trend Analysis
zone
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