Forex Price Action Baby, No Technicals or Fundamentals…Trade #4 – Sold EUR/CHF (2/8/19)

Forex Price Action Baby, No Technicals or Fundamentals…Trade #4 – Sold EUR/CHF (2/8/19)
February 08 14:45 2019 Print This Article

10,000 Ft View – 4 Hr Chart

Zooming In

This trade entry was yesterday. What I like about the set-up is the strong move away from the level (orange arrow) that took out all of the pivots indicated by the yellow circles.

But what I really like about the zone is all the three mini zones within the bigger demand zone. Thus, if price is going to breach the 4 hr demand zone to the downside, it’s not going to be easy.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

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rollandthomas
rollandthomas

I'm a retail investor like most of you and learning everyday, but I have been educated and trained to identified the Smart Money on the charts to pick up whatever crumbs they leave behind.

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