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EURCHF – SHORT on Mitigation / Supply

by Stephan W, February 2, 2021

EUR/CHF M30 Order Flow

by Stephan Westendorf February 2, 2021

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EUR/CHF

|

Short

|

M30

Timeframe:

M30

Analysis Method:

Order Flow

Analysis:

Banks have taken Buy stops left with a small loss on their side. Possible try to mitigate the loss and enroll a bigger gain.

Trade Plan:

Short entry on smaller timeframe. Assuming Sell stop liquidity is going to be taken out.

Risk Management:

I risk 0.4 % as it is within my comfort. Has a potentional outcome of 5R

Things To Watch For:

Trail Stop loss after 1R manually

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