Now this looks interesting to me. This pair is overextended so a counter trend play looks to be the smart move. Significant S&R level in the 1.5740-1.5720 region which should be observed. I am also seeing some good divergence in the H1 charts which looks promising. A move below the S&R level with a stop above it targeting the 1.5650 region looks like a sound play to me. Any thoughts, comments, ideas?
Nice trade. I am waiting for it to see the reaction at the 1.5720 level to initiate a trade. The setup looks great just a matter of strategically picking spots and hitting the turn.
Yeah, Kastro's ahead the curve. Good goin', bro. Way to be fast. I'm on the other side. Albeit on a simulator. You're lucky! Actually, I'm only trading so many pairs at one time on my live account and EUR/CHF is not one of them. I'm 17 pips down. X
Thanks guys Might bail out with 81 pips +, but I can see this pair going to .2895 We shall see in the next while -Kastro