USDCHF - BUY
As per the chart I am looking for a buy setup. I've identified nearest demand zone on h4 timeframe. However I am only interested in looking at the 2nd and 3rd demand zone from the top. This is due to the amount of candle produce as a based. The first demand zone from the top, there's too many war (candles) going on. I am only interested to look at zone were the price only take little time to leave the zone; hence the 2nd and 3rd. In addition, I used Fibonacci retracement level as my odd enhancer. Will keep an eye on this pair.
Cheers,
ReneeH
Cheers,
ReneeH
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