GBPCHF Possible Down Move

As per the Chart.



Abbreviations;
ND=No demand
NS= No supply
DW= Demand Wave
RFSB= Resistance from Supply Bar
SFDB support from Demand Bar
SLK= Stop Loss killer
SLKB= Stop Loss Killer Bottom
DB= Demand Bar
SB= Supply Bar
EVRB= effort vs Result Bottom







My Mentors and Inspiration
Volume Analysis - Oleg Alexandrov
Money and risk Management - Dmitriy Lavrov-

Kommentar:

This trade setup is not valid anymore. It shot through previous resistance. Now if this was genuine demand or Hidden weakness time will tell.
For now cancel the pending order. And it went through RFSB as marked so there was no trade at that point that too.