USDCHF | REVERSAL?
USDCHF has climbed back down to lows of 2014.
We would expect to see a reaction and a potential turn at this point back to liquidity levels above, granted this is a swing trade.
We will only look to jump in on break of structure on low TF, so a BUY STOP is set just above.
RSI also show massively oversold on the Daily TF
We would expect to see a reaction and a potential turn at this point back to liquidity levels above, granted this is a swing trade.
We will only look to jump in on break of structure on low TF, so a BUY STOP is set just above.
RSI also show massively oversold on the Daily TF
Trade active
Entered early as saw a break of structure on the lower timeframes.Note
Closing 50% of position as this could be refused and fall from this point.Setting SL to BREAKEVEN
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