by Ajaz E, February 1, 2021
by Ajaz Elahi February 1, 2021
EUR/CHF
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Short
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H4
H4
Levels of interest (Sup & Dem), Price action, Fib + Trend
Testing this with my first idea… can I post my tradingview charts here?
https://www.tradingview.com/chart/EURCHF/6B6n3j0P-EURCHF-Short-Sell-Trade-Setup/
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Looking at daily I see price had been testing the upper supply before, while demand was respected in all the pat attempts.
If you are not seeking a scalp reaction, be aware the direction can be higher supply.
On weekly you can see the lower swing is a reaction to weekly demand. It could be massive reaction upward.
Price action isn’t developing the way I’d like and looking at this again, the resistance level isn’t even that strong. Will wait for a better setup to develop. Thanks