USDCHF
Trade Idea .
waiting for price to give me at least two bullish engulfing candles to confirm price is continuing with the trend . I will look to scale in after price breaks out of my 61% Break Of Range area.
waiting for price to give me at least two bullish engulfing candles to confirm price is continuing with the trend . I will look to scale in after price breaks out of my 61% Break Of Range area.
Note
For this strategy I like to use my 38 and 61% as a range given the is a visible Fair Value Gap from the previous day close and that FVG will only , for me , be valid if the was an attempt to it on the current day.
A 30 minute bullish engulfing stick is always a first confirmation for me , a second one , well buy the second one I looking to scale in .With good risk ,my stop loss below the previous low, I will sit back and enjoy a good book.
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