LOVELY +4% PROFIT trade on USD/CHF H1 - 4/5th of June 2020 (Forex trade of the week)
This is the USD/CHF H1 Trade of the Week.
On D1, the setup is below the box, this is the start of an impulsive wave. On H4, we have a pullback after a wave 3 with a sleeping alligator, this is a double level H1-H4. On H1, we have a nice sleeping alligator inside the box, we put our PO below the double level with a initial SL at 18 pips, the price triggers the PO but retraces, forming a second level, we have a second entry below that new lower level as the alligator starts to open. The price triggers our addon and then after few candles, the price drops. We exit the next morning as the price breaks the upper level of the fractal box for 2 X 2% profit, with a total of +4% profit.
Did you take that one? If yes, where did you enter? Did you addon? Did you take another profitable trade?
My strategy is based on the Science of Chaos, Elliott waves and fractal geometry applied to trading.
How to count the Elliott Waves within 30s? Check: https://youtu.be/FpCkHAXdeNA

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