SHORT USDCHF (PTM TRADE)
Hello guys ok it apperar the we are correcting the down move in an possible ABC that is going to our desire sell zone, once iside the sell zone start looking for signals to enter, it it just toucesh the zone i would look for a level 3, midle to upper sell zone i would look for a level 2 pass the square zone (but not passing CL) i would look for a level 1 signal
above i descrive my personal scenarios to look for, but in short we can resume also like this
PLAN:
1.-SELL A LEVEL 2 SIGNAL INSIDE THE SELL ZONE
2.-STOPS ABOVE THE LAST HIGH (PIVOT) CREATED
3.-IF YOU GET STOP OUT LOOK FOR A CHANCE TO RE ENTER AS LONG AS cl ITS NO BREACH
4.IF CL IS PASS BEFORE WE GET A SIGNAL tRADE SET UP ITS INVALIDATED
above i descrive my personal scenarios to look for, but in short we can resume also like this
PLAN:
1.-SELL A LEVEL 2 SIGNAL INSIDE THE SELL ZONE
2.-STOPS ABOVE THE LAST HIGH (PIVOT) CREATED
3.-IF YOU GET STOP OUT LOOK FOR A CHANCE TO RE ENTER AS LONG AS cl ITS NO BREACH
4.IF CL IS PASS BEFORE WE GET A SIGNAL tRADE SET UP ITS INVALIDATED
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.