CADCHF is seeing the Daily and Weekly chart respecting discount bullish fair value gaps.
As price has rebalanced the BISI's and is rejecting from them, I anticipate to now trade up to external range liquidity (old swing high's on Weekly/Daily Chart).
I want to see H1 discount levels be respected and H1 premium levels disrespected to look for m5/m15 bullish displacement entry.
As of right now, h1 is pulling back and I am waiting for the respect/disrespect to shift in the direction of this trade idea.
As price has rebalanced the BISI's and is rejecting from them, I anticipate to now trade up to external range liquidity (old swing high's on Weekly/Daily Chart).
I want to see H1 discount levels be respected and H1 premium levels disrespected to look for m5/m15 bullish displacement entry.
As of right now, h1 is pulling back and I am waiting for the respect/disrespect to shift in the direction of this trade idea.
Note
So far, not seeing any price action to authorize a long trade. Price is respecting bearish arrays and disrespecting bearish arrays on h1. Want to see this dynamic change to validate the long bias.Note
ISM news has sent this lower. will monitor for now, but nothing so far, and possibly invalidated.
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Email shepthetrader@gmail.com for access to my free Discord.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.