Tag: loss

USDCHF at Supply, I Am Selling

Another trading opportunity I took, this time on USDCHF H4 chart. The supply zone was creating after breaking a strong resistance at 0.9665 and 0.9570, where it retraced because of the rally-base-rally demand, which I did not took, because I did not like the little pause before demand and the fact, that price established a new downtrend on the H4 timeframe. (more…)



Demand Zone at GBPCHF on H4 Timeframe, Buying

This demand zone is a rally-base-rally which caused price to break through the ranging area left to it. Then it created another ranging area right to it. Since there is also daily demand behind, I placed my buy limit. This was a bit deeper in the H4 demand, because there was a “breather” before arrival. (more…)