How GBPCHF responds to my Commands. II 14 -Jan-No-Worry 2021 II
This Video provides an Analysis I did Pre market Open and Had Entered the Trade Monday LONDON SESSION.
Analysis : GBPCHF is Caught up in a Daily range and Trending up in my main Timeframe (4H). It was also caught in a contracted Range and broke out of it to the up-side (Accumulation phase).
I Waited for Price to come back and Retest Resistance and a new Found level of Support and it also Provided me with my Best entry candle , A Wick Rejection. Trade was Entered with a Tight and Decent Stoploss.
Risk-Reward : 1:5.84%
Analysis : GBPCHF is Caught up in a Daily range and Trending up in my main Timeframe (4H). It was also caught in a contracted Range and broke out of it to the up-side (Accumulation phase).
I Waited for Price to come back and Retest Resistance and a new Found level of Support and it also Provided me with my Best entry candle , A Wick Rejection. Trade was Entered with a Tight and Decent Stoploss.
Risk-Reward : 1:5.84%
