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Trader_Dale
Sep 4, 2018 6:41 PM

USDCHF Resistance levels 

U.S. Dollar/Swiss FrancFXCM

Description

Today i want explain to you what is Open drive. The Open drive strategy is based on a sudden and strong one sided price movement. It is very important that the move is onesided. This means that price was driven aggressively and steadily in one direction!!

If Open drive is initiated by aggressive sellers, then trhe price shoots downwards, and the place where the strong selling candle opened is strong resistance. In chart you can see RESISTANCE 1 a RESISTANCE 2 based on open drive strategy confirmed with VOLUME!! Killer combination how be successful in trading...

Trade active

Resistance 2 is active
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