Potential Counter-Trade opportunity on USDCHF
A few days ago I analyzed this pair looking for an opportunity on this zone and now we have a more clear view of it. The price is being sucked by that key resistance level and there are very high probabilities that it will bounce in that level, how much? that is what we don't now.
in conclusion, i'll look for this zone for confirmation to enter short for at least a test of nearest support. Good trading!
in conclusion, i'll look for this zone for confirmation to enter short for at least a test of nearest support. Good trading!
Trade active
Got the Double top.Note
I traded it on the close of the 1H candle, the R/R isn't as good as expected but since it completed on the zone and is at least 1:1, is still good for me. Entry at 1.0164, targets at 1.0093 and stops at 1.0232.Note
2618 opportunity too.Note
Since another support was created i'll take half of my position at 1.0130Trade closed: stop reached
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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.
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.