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betimmavriqi
Mar 17, 2024 8:37 PM

USD CHF Short

USD/CHFOANDA

Description

My analysis on USD CHF, I use limit orders so I don't need to be in front of the chart all day.

To consider this a good entry there are certain criteria to follow:
1. Clean BoS with IMB.
2. * Look for areas where liquidity has been purged.
3. * Stochastic: in uptrend 0-15, in downtrend 85-100.

( * ) = Not optional but increases our probability.

I use Fibonacci to get these extreme points and my preferred one is 75% retracement, with a risk-reward of 1:3.

Set and forget.
Trade carefully,

This is not financial advice, DYOR.
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