TradingView
Space-Traderfx
May 31, 2021 10:08 AM

EURCHF - short idea  Short

Euro Fx/Swiss FrancFXCM

Description

HTF: the trend is not defined clearly, but the 4h trend is considered making lower high and lower low. Thus, I have a bearish bias.

LTF: consolidated for a while now.

There are two selling opportunities to look out:
  • 1. sell now at 1.099 area due to the long wick rejection.
    2. wait for the price to go up to 1.101 area and sell there due to the imbalances of the price. (preferable due to higher RR)


Trade safe and good luck traders!

Trade closed: target reached

caught in the exact movement!
More