Good morning ladies & gents,
Following on from my USDCHF idea last week that has destroyed TP 1, I'm now anticipating continuations long for another day. I'd anticipate a repricing on Tuesday/Wednesday downwards, but for now, DXY should be strong.
In light of this, I've taken an entry here off the M30 +OB anticipating price to hit the high of the day then take the next high lying above.
Let's see how it plays out.
RR 1:5 on the table.
Partials will be taken @ the following points I've highlighted.
As it's Monday, I'll be employing significantly lower risk as statistically this is my LEAST profitable day where I tend to avoid trading - unless a pristine setup forms like so.
Good luck.
- AmplaFX
Following on from my USDCHF idea last week that has destroyed TP 1, I'm now anticipating continuations long for another day. I'd anticipate a repricing on Tuesday/Wednesday downwards, but for now, DXY should be strong.
In light of this, I've taken an entry here off the M30 +OB anticipating price to hit the high of the day then take the next high lying above.
Let's see how it plays out.
RR 1:5 on the table.
Partials will be taken @ the following points I've highlighted.
As it's Monday, I'll be employing significantly lower risk as statistically this is my LEAST profitable day where I tend to avoid trading - unless a pristine setup forms like so.
Good luck.
- AmplaFX
Note
2 Scalings have been achieved. 50% have been claimed. SL remains fixed as price will retest lower most likelyTrade closed: target reached
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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.
Related publications
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.