DislikedCan anyone tell me where the signal is on the aud/chf ? Very close to the 1:1 money now. Ask yourself : Do we have the lowest low of the last 5 candles ? 2. Do we have at least a 1:1 RR to pivot high to left compared to our risk ? 3. Are we in our sweet spot of rsi 4hr ? 4 .Is the daily rsi going up at the close of the 4hr entry ? 5. Is this a descent time for entry ? 6. Is this the first or 2nd pullback ? 7. Are we trending ? 8.Do we have a top or bottom 25% close on entry ? Then you decide if it's worth taking this trade .Ignored
Lets see: 1. entry was the candle after the lowest low 2. a few pips off, so no 3. yes 4. i believe so yes 5. NY open 6. first pullback, and it may break a two week resistance 7. looking at the weekly charts I would say ranging for the last 4 weeks 8. yes