USDCHF- TRADING RENKOS... PATIENCE PAYS!
LOOKING FOR ONE MORE PUSH DOWN FROM USDCHF BEFORE A BUYING FROM THE BOTTOM.
CONFIRMATION CHECKLIST FOR SELL:
- PRICE RETRACED TO KEY ZONE (YES- .618 FIB LEVEL)
- MAC D SHOWING THAT BUY IS WEAKENING (YES)
- RENKOS ON LOWER TIMEFRAME- BRICK WITH A WICK OR 2 SOLID BRICK (YES)
- PREVIOUS HIGH IS NOT BROKEN FOR A SELL ON M15 TIMEFRAME (YES)
I trade with confidence, not because i', always 100% but because I consistently use the same rules and effective risk management!
Happy trading guys, hope you enjoy the journey as much as I do right now!!!
You've got this!
CONFIRMATION CHECKLIST FOR SELL:
- PRICE RETRACED TO KEY ZONE (YES- .618 FIB LEVEL)
- MAC D SHOWING THAT BUY IS WEAKENING (YES)
- RENKOS ON LOWER TIMEFRAME- BRICK WITH A WICK OR 2 SOLID BRICK (YES)
- PREVIOUS HIGH IS NOT BROKEN FOR A SELL ON M15 TIMEFRAME (YES)
I trade with confidence, not because i', always 100% but because I consistently use the same rules and effective risk management!
Happy trading guys, hope you enjoy the journey as much as I do right now!!!
You've got this!
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