USDCHF H4 : Buy the bottom of the range!
Updated
Hey traders!
This evening I would like to share with you this trading idea found easily with Ichimoku.
We can see that we are in a range H4, and the price is near the bottom of the box.
The idea of this type of trade is to wait a confirmation signal (reversal candle) and to enter the market with 1: the middle of the box, 2 the upper side of the box.
Personnaly if I get involved I will use one target only, because of the awesome R:R.
To enter early on this trade you can look for a reversal pattern on shorter time frame.
Good luck traders!
This evening I would like to share with you this trading idea found easily with Ichimoku.
We can see that we are in a range H4, and the price is near the bottom of the box.
The idea of this type of trade is to wait a confirmation signal (reversal candle) and to enter the market with 1: the middle of the box, 2 the upper side of the box.
Personnaly if I get involved I will use one target only, because of the awesome R:R.
To enter early on this trade you can look for a reversal pattern on shorter time frame.
Good luck traders!
Order cancelled
there was no reversal sign on the bottom of the range.
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