USD/CHF 1H - It will be interesting to see whether or not this area of Demand holds and whether we have means to enter in on this market with some long positions, taking advantage of the corrective wave that should trade price up and into the Supply Zone above.
Once we have clear rejection from the zone price is currently trading into, delivering us with some fractal breaks I will be using that to build on my confluence and I will be looking for some entries on the market.
I want to see the last fractal high that traded price down and into that Demand Zone break, telling us that enough Demand has been introduced to now flip the balance, once we have that we can look to take part.
The potential trade here could be huge, its important we just wait patiently and sit on our hands, allowing price to come to us. Once I have the confirmation I need I will let you all know.
Once we have clear rejection from the zone price is currently trading into, delivering us with some fractal breaks I will be using that to build on my confluence and I will be looking for some entries on the market.
I want to see the last fractal high that traded price down and into that Demand Zone break, telling us that enough Demand has been introduced to now flip the balance, once we have that we can look to take part.
The potential trade here could be huge, its important we just wait patiently and sit on our hands, allowing price to come to us. Once I have the confirmation I need I will let you all know.
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.
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.