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tradingwithanthony
Jul 10, 2023 7:26 AM

USDCHF Technical Analysis and Trade Idea Short

USD/CHFOANDA

Description

In this video, we take a close look at the USD/CHF currency pair. We can see that it has been under pressure over the past week. It has reached a significant monthly and weekly support level, and we are searching for an opportunity if market conditions become favourable. In the video, we analyse the trend, price action, market structure, and a potential trade idea. As always, the information provided is for educational purposes only and should not be considered as financial advice.

Trade closed manually

Comments
uriellipman
I am ready to go long what do you think?
tradingwithanthony
@uriellipman, Understand your trading plan. Don't trade live funds until you have a trading plan thoroughly tested and written down. Stick with a demo acc until you know what your strategy is.
uriellipman
I trade demo now
tradingwithanthony
@uriellipman, My ideas on here are just my opinions limited to my experience, take what's useful and discard the rest. It's so important that you can use other ideas but whats really valuable is if you can use the info that you glean from all different sources that are out there and use it to create your own trading strategy. I highly recommend ICT .. do a search on youtube and find The Inner Circle Trader and study his concepts.. that would be the best trading education you will ever get. And its all free.
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