USDCHF POTENTIAL SHORT (4H/1D TIMEFRAME)

USDCHF POTENTIAL SHORT

OKAY SO I'M GOING TO KEEP THIS POST REAL SIMPLE. SELLER POWER STARTING TO DISPLAY ON 4H AND DAILY TIMEFRAME. AT A VERY SIGNIFICANT WEEKLY STRUCTURE RESISTANCE. LOOKING FOR A WEAK BUYER PULLBACK INTO STRUCTURE AND SELLER INTEREST TO COME BACK IN. ENJOY!

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P.S. GJ SETUP STILL PLAYING OUT FROM LAST WEEK, CHEERS!

Trade active:

USDCHF didn't give much of pullback, sellers anxious to bring price down

Comment:

Break of structure on 4H. Now seeing a weak buyer re-test into the broken structure level. Watch for seller momentum to come in again and look for good risk/reward entry. Cheers!

Comment:

USDCHF IS IN A IN BETWEEN STAGE AT THE MOMENT. BY THAT I MEAN THAT THERE IS NO TRULY DOMINANT SIGN OF SELLER OR BUYER TRUE STRENGTH OR INTEREST YET. SAW SOME AGGRESSIVE SELLER MOVEMENT ON THE 1H TIME FRAME, HAVEN'T SEEN ANY MAJOR MOVES OR BREAKS SINCE. KEEP EN EYE OUT. STILL HAS SOME ROOM TO BREATHE FOR A WEAK RE-TEST TO THE UPSIDE.

Comment:

Seller power came in this last week and has made a decent move to the downside. In the move towards take profit

Comment:

USDCHF MOVING TOWARD TARGET ONE AREA. TAKING SOME TIME BUT SELLERS DISPLAYING INTEREST. MAKING LOWER HIGHS AND LOWER LOWS. SIGN OF SELLER CONTROL. CHEERS!

Trade closed: target reached:

TARGET HIT! CHEERS!