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TheSupportResistanceTrader
Jul 17, 2018 1:27 PM

USDCHF short from demand area Short

U.S. Dollar/Swiss FrancFXCM

Description

Shorting USDCHF from the yellow area as that is a supply area on the short (15min) timeframe, as well as the long (4hr, gray area).

These setups usually produce good movements so I am hoping to get a 1:1 RR, as indicated on the chart.

Remember to trade with the probabilities. No single trade determines our performance, we will all have a loser once in a while.

Take care,
TheSupportResistanceTrader

Order cancelled

Trade idea invalidated as we came 3 pips from entry and then reversed, leaving us out.
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