Selling the USDCHF

29 ม.ค. 2023The USDCHF is trending down on the daily time-frame, when we drop down to the 4hr chart, we notice the retracement in a form of counter-trend. Now the structure on the counter trend has broken i.e. price broke the last low which by my strategy indicates the end of the counter-trend. To place a trade I wait for the price to pullback to my preferred sell zone which the market already did. I place a sell trade and I pray price drops down to the last low.