Price Trap on NZDCHF 1HR TF
Updated
I found strong support & resistance on the 1hr time frame of NZDCHF. I marked off the top and bottom of the current market. Once price breaks and closes above the current buy area, or below the sell area, I would execute a buy on the break and another position on the retest of the alert price. Further details located on the chart. First time publishing an idea, so I was not prepared to break it down. Next time....
Trade active
Currently in this trade, holding for first targetTrade active
First target reached! Whew was holding this for a minute
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