USDCHF is rejecting strong supply in the market, it will go back to demand at the 618 golden ratio in my analysis we have a 3 RISK/REWARD TAKE PROFIT at 618 FIBONACCI LEVEL STOPLOSS placed above 0 FIBONACCI LEVEL
Broken resistance is now support, and we currently have bitcoin rejecting strong supply in the market. Risk/Reward = 3
3 RISK/REWARD We have a correction of the previous move down. Today we have a perfect rejection of the trendline. Short term long trade
*THIS IS A SWING TRADE* 4 RISK/REWARD PLACE STOPLOSS BELOW THE RECENT LOW. TAKE PROFIT ABOVE HIGH OF 2018
Does the market manipulate? hell yes it does. the dollar is in the process of creating a head and shoulders to create liquidity, going to test previous support. To finally shoot up and hit all the retail stop losses. SETUP = 3 RISK/REWARD . TARGET PROFIT IS ABOVE THE HEAD. YOU CAN PLACE YOUR STOPLOSS BELOW THE RECENT LOWEST LOW.