USDCHF short idea
Updated
Trade #2 (Paper trade only)
Left side [4H timeframe]
Market Structure is bullish, but doesn't mean we can't short. Price took the previous 4H swing high into gap (blue box). There's equal low and gap just below EQ of the range. I use it as a current draw on liquidity since we just took the highs.
Right side [m5 timeframe]
Structure break (red line) after sweeping the 4H swing high into gap, leaving unmitigated breaker zone (grey box).
Left side [4H timeframe]
Market Structure is bullish, but doesn't mean we can't short. Price took the previous 4H swing high into gap (blue box). There's equal low and gap just below EQ of the range. I use it as a current draw on liquidity since we just took the highs.
Right side [m5 timeframe]
Structure break (red line) after sweeping the 4H swing high into gap, leaving unmitigated breaker zone (grey box).
Note
Excuse the technical issues. I was using double screen layout, but only single screen appear when I published. Left side(4h TF), Right side (m5 TF).
Trade closed: stop reached
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