USDCHF TREND TRADE ON H4
Hello dear traders.
How about simplifying our trading a little for today?
we are currently at the correction of an uptrend which retraced itself down to 61.8% fibo level and surprisingly it concides with a great hammer.not to mention that another hammer is formed in H1 timeframe as well.
you can enter into long position if the hammer will be confirmed.if so,you will enter into a 2-1 R-R position which seems so ideal to me.
thanks for your visit.
How about simplifying our trading a little for today?
we are currently at the correction of an uptrend which retraced itself down to 61.8% fibo level and surprisingly it concides with a great hammer.not to mention that another hammer is formed in H1 timeframe as well.
you can enter into long position if the hammer will be confirmed.if so,you will enter into a 2-1 R-R position which seems so ideal to me.
thanks for your visit.
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.