USD/CHF 1H - Since our Sunday Sessions video, price seems to be playing out well. As you can see price looks to be accumulating, giving us the suggestion that its preparing to reverse.
We want to see the last protected high break to give us full confluence that enough Demand has been introduced into this market to flip the S&D balance, I have gone ahead and marked it out for you all.
Once we see price break that high its then a case of waiting for price to pullback trading down and into a fractal area of Demand, this will be where we will look to enter from.
We will find this area of Demand by looking at the impulsive wave that breaks the structure to the upside, typically we see an area of interest display itself, giving us retail traders and area to enter from.
We want to see the last protected high break to give us full confluence that enough Demand has been introduced into this market to flip the S&D balance, I have gone ahead and marked it out for you all.
Once we see price break that high its then a case of waiting for price to pullback trading down and into a fractal area of Demand, this will be where we will look to enter from.
We will find this area of Demand by looking at the impulsive wave that breaks the structure to the upside, typically we see an area of interest display itself, giving us retail traders and area to enter from.
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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.