TradeRicch

TradeRicch

Swing trade

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Swing trade set up

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Swing trade

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Accumulation Phase on 15min chart.

TradeRicch

We should see price giving us a retest on the last 4h low which is also an institutional zone. We have AB=CD pattern and the bottom of a downtrend and we are also experiencing an accumulation phase on the 15min chart.

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TradeRicch

Rising wedge in confluence with institutional zone

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SELL

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Patience

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EUR news coming up serves as a confirmation for price to move to entry point or close to entry point as we all know smart money use News as excuses to move price to their intended direction. Also using 78.6 fib as another confirmation and equal highs to be cleared as the 3rd confirmation.

TradeRicch

Quick update on USDCHF, The yellow zone is the 50-61.8 fib level. Look to short after a rejection candle on 4hr tf. PATIENCE - CONFIRMATION - ENTRY - PROFIT.

TradeRicch

Rejection candle formed on 4hr and 1hr tf. Time to short. Join me on Instagram @huncho.forex