USDCHF swing plan
Updated
I would like to see a swing failure pattern (SFP) into 1 week demand.
We can have a good reaction at the monthly support level and a confluence with a psychological support ($0.9)
If trade goes as desired, evaluate reaction at monthly open & naked poc level.
We can have a good reaction at the monthly support level and a confluence with a psychological support ($0.9)
If trade goes as desired, evaluate reaction at monthly open & naked poc level.
Trade active
1% risk - we were in around 9.30Expected 1D close above monthly support level
DXY confluence - rejected daily support
Trade closed manually
Just closed @ 0.8958 - premature loss -0.25%Not the reaction I wanted, waited for DXY daily candle close above daily support level as my last point of interest to hold the trade.
Nevermind, if it ends up showing the reaction I wanted I will try to re-enter. As for now, we watch.
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