Bullish Bias on USDCHF
On this USDCHF bullish setup, the confluences for it are-
1) Market Structure-BoS
2) Demand
3) Imbalance
4) Liquidity
If price is able to successfully retrace to my POI demand zone, I’ll head down ti the lower/entry timeframes of 15mins-3mins to identify a confirmation entry ChoCh, then identify my entry point on it which is either an Order-Block(demand) or a breaker-block, imbalance, liquidity or an order-block(demand) or a breaker block, imbalance. If identified correctly I’ll have my orders placed and target a maximum 1:3rr as profit target.
Note: the market is all about probabilities which also makes my analysis a probability.
1) Market Structure-BoS
2) Demand
3) Imbalance
4) Liquidity
If price is able to successfully retrace to my POI demand zone, I’ll head down ti the lower/entry timeframes of 15mins-3mins to identify a confirmation entry ChoCh, then identify my entry point on it which is either an Order-Block(demand) or a breaker-block, imbalance, liquidity or an order-block(demand) or a breaker block, imbalance. If identified correctly I’ll have my orders placed and target a maximum 1:3rr as profit target.
Note: the market is all about probabilities which also makes my analysis a probability.
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