USDCHF week 51 trading plan. Short from SR level

By DmitryZZZ
Uppdaterad
Overall Uptrend.

Weekly
Price near to Weekly SR.
Closes below.
snapshot

Daily
Downtrend
Still buyers market.
Near to weekly SR.
snapshot

4H
Uptrend
snapshot

1H
uptrend
Exhaustion candle.
snapshot

From 1 side DXY will go up and USDCHF could break above.
However it is clear exhaustion candle near to SR level - opportunity to short.

I prefer to short it
Entry 0.99800
TP 0.98700
SL 1.00150
RR 4.10
Trade stängt: målet nått
+1116 pips.
excellent trade.
trade of the week
Beyond Technical AnalysisChart PatternsTrend Analysis
DmitryZZZ

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