Testing New Strategy.
When %R (3) closes below -90 or above -10 if next bar shows a reversal signal and %R(3) closes between 30-70 To enter a trade.
USD/CHF is in correction, It should go higher.
When %R (3) closes below -90 or above -10 if next bar shows a reversal signal and %R(3) closes between 30-70 To enter a trade.
USD/CHF is in correction, It should go higher.
Trade closed: target reached
%R reached well above 90, closed the trade 20pips+
will be interested to see if this is a false breakout.
Note
Trade active
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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.