I have been bearish on BTC for a long time but this setup seems to have a lot of potential to start the trend for a new ATH on BTC.
When should you close the trade. Minimalize the losses you make and read candles.
This is the entry I promised I would publish after analysis on USDCHF.
USDCHF just entered a bearish channel because of the last big impulse. The pair has found himself in a bearish correction. This correction is a possible setup for the big push coming later making a new higher high on the chart.
This is my idea on the USDJPY pair. It's not very clear what direction this pair is heading too but it will be confirmed soon. Take a close look to the 1HOUR and 4HOUR chart on this pair. Wait till the price is above the base in the DBD zone and confirm it from there. These Trades are 1:5 and have a high possibility to be very volatile. Take care.
Supply & Demand zone on the 60M TM. I advise to set the SL just above the previous high and NOT the exact zone. This is a 1:3 risk-reward ratio. From now on I will post all my trading idea's on this platform and traders can use my idea's for their own trading orders.
When the price breaks the pullback then I'm gonna sell only if it closes behind the line.