If I want to buy USDCHF
I'm going to be looking around 0.98, 0.955, and 0.915 for buying opportunities. If price is trading around these prices, then I'll be looking on the daily time frame for bull candles. If I get a bull candle on the daily time frame, then I'll go to the 1H and place buy limit orders at previous market levels.
Note
Bull candle posted on daily time frame.Note
Rough look at where entries and stop losses may be placed.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.