Long

USDCHF: Looking for Shorts After Liquidity Grab

Market Context
Price swept liquidity above recent highs and quickly rejected, creating a strong bearish reaction candle. This signals potential exhaustion of the bullish pullback within the larger downtrend.

Key Technicals

Liquidity sweep above local highs
Break of structure (BOS) to the downside
Price now retracing back into a supply zone
Supply zone aligns with the 50–61.8% Fibonacci retracement
Previous daily low (PDL) sits as a clear downside target

Trade Plan

Wait for price to retrace into the marked 1H supply zone (green box)
Look for rejection or bearish confirmation candle
Short only if price reacts cleanly from the zone and holds below the BOS
Target: Previous daily low (PDL)
Invalidation: Clean close above the liquidity sweep high

Psychology Note
Stay patient, the best trades often form after the stop hunts. Emotional chasing after big red candles leads to losses. Think like a pro: react to your levels, not to fear of missing out.

노트

Before entering, wait for confirmation such as:

- A bearish engulfing candle
- A BOS on the lower timeframe
- A sharp wick rejection from the zone