USDCHF - Short - 4 hour time frame - Fib and 6 to 1 win vs risk
Hello all DuncanForex here with another trade idea
With USDCHF heading higher, at the 61.8% retrace area, it has just printed an engulfing bearish candle.
I am now expecting price to head lower for a 6 to 1 Win vs Risk trade.
WIth USD continuing to receive dovish tones from important individuals, I am expecting this to head lower fairly fast.
One to hold over the weekend and will take most of next week to play out.
I am entering 3 trades and will look to enter further trades as it starts to cycle lower.
My website is now live
Thanks for looking at my idea
Duncan
With USDCHF heading higher, at the 61.8% retrace area, it has just printed an engulfing bearish candle.
I am now expecting price to head lower for a 6 to 1 Win vs Risk trade.
WIth USD continuing to receive dovish tones from important individuals, I am expecting this to head lower fairly fast.
One to hold over the weekend and will take most of next week to play out.
I am entering 3 trades and will look to enter further trades as it starts to cycle lower.
My website is now live
Thanks for looking at my idea
Duncan
Dagangan aktif
Here is EURUSD that may do similar to the above - however the market isn't showing this as yet Dagangan aktif
Well - they moved fast, have to love the Fed, 6 positions, 3 short for USDCHF and 3 long for EURUSD - along with scalping Gold too.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.