USDCHF - Inside Bar
9/3 and 9/4 candles form the inside bar formation. A number of risks with this trade however:
It is at a major resistance and the two tails from yesterday could signify the presence of major sellers at the resistance.
For these reasons, we have a very tight 36 pip stop with a high R/R of 3.5, targeting the next resistance at .95
It is at a major resistance and the two tails from yesterday could signify the presence of major sellers at the resistance.
For these reasons, we have a very tight 36 pip stop with a high R/R of 3.5, targeting the next resistance at .95
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