Hello Everyone,
Today we look at USDCHF breaking structure on the daily time frame so we should be looking at only sells but if we go into the 4hr time frame we see a LL(LOWER LOW) trying to break the previous LH(LOWER HIGH) so this could be the retracement for the daily that we're looking for either way if you're looking to trade this would be a good buy on the 4hr trade.
I normally don't like to counter trade but when it is on the 4hr time frame I make exceptions since they go hand to hand.
I will keep yall inform if I enter on a buy on the 4hr tf but in the meantime, I will be looking for sell on the daily.
IF you have any questions please feel free to reach out to me.
Today we look at USDCHF breaking structure on the daily time frame so we should be looking at only sells but if we go into the 4hr time frame we see a LL(LOWER LOW) trying to break the previous LH(LOWER HIGH) so this could be the retracement for the daily that we're looking for either way if you're looking to trade this would be a good buy on the 4hr trade.
I normally don't like to counter trade but when it is on the 4hr time frame I make exceptions since they go hand to hand.
I will keep yall inform if I enter on a buy on the 4hr tf but in the meantime, I will be looking for sell on the daily.
IF you have any questions please feel free to reach out to me.