USD/CHF 4H - This is a market I will be looking to get involved in over the course of the next week or so. Its important we are delivered with the confirmation needed first though.
You can see above that I am wanting to see price correct itself trading us up and into the Supply Zone I have marked out, once price trades into this we can expect two things to happen. For Supply to be introduced and for Demand to be offloaded.
As a result we can expect a distribution to take place, meaning we should see price break down and give us the relevant structure needed to look to take the market short. We want that break of structure to the downside.
Once we have that we have confirmation of a flip in the S&D balance, this gives us the confirmation needed to suggest that price is ready to trade lower, we then wait for the pullback and enter in more fractally as illustrated above.
You can see above that I am wanting to see price correct itself trading us up and into the Supply Zone I have marked out, once price trades into this we can expect two things to happen. For Supply to be introduced and for Demand to be offloaded.
As a result we can expect a distribution to take place, meaning we should see price break down and give us the relevant structure needed to look to take the market short. We want that break of structure to the downside.
Once we have that we have confirmation of a flip in the S&D balance, this gives us the confirmation needed to suggest that price is ready to trade lower, we then wait for the pullback and enter in more fractally as illustrated above.
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.