 Good morning again, so we've got the CAD Swiss and Again, just a bit of a trade breakdown as to You know High time frame and lower time frame Analysis and why potentially you may want to get long or short. This isn't a you know a trade recommendation And I'm not a financial advisor just to you know reiterate that so Here's just my analysis on on this so from a sentiment perspective and Fundamental analysis perspective the risk of environment still Swiss Frank should potentially and typically does Do well in a risk-off Environment but again sentiment can change and we could get some positive sentiment around the corona virus Nobody knows when the trade, you know When the sentiment will change or if it you know Or if it will change if you know, I mean but currently this is what we're in and if it changes then we basically change the The trade direction, but right now We've got a decent set up on the Canadian dollar Swiss Frank So first things first where are we on a high time frame? So we've got a decent supply zone here supply has taken out a bit of a level of demand So there was demand here. Why was that? We had a bit demand Where's my demand zone? Here we are. We had another little bit of demand right there as well So let's just break this down a little bit You've got higher highs and higher lows you've got to move that pull back move their Pullback and then we don't really make a major high until probably there So you can start to see there and even that starts to then become a bit of a move down and then a move up here, so Higher highs higher low swings right there right there. We've kind of touched this demand zone So I would probably say as you touch the demand zone, you can kind of take out definitely this one here and this one here so Decent level of supply coming into the market. Yeah And then, you know, pretty much the rest of the analysis from horizontal Resistance and support resistance dynamic, let's go through some of these So let's go through some of the we haven't got any kind of round or half-number confluences in that area Unfortunately, we do have sorry. Well, we didn't so I thought we did if we had the moving average here no moving average dynamic resistance and then we've got Depending on if prices do come up to here. We could get some some RSI extreme But we'll see But from a location perspective, I think it's actually all right and then what you want to do is Come down Into the lower time frame and see if there is a potential trade and there is a bit of a Bit of a common more of a complex one then the usual. So let me break this down. So first things first Just get rid of these right. So what you had was a bit of a stop hunt So you had a bit of a stop hunt Where traders would have been looking to the left and you get nice breakout Pull back looks like it's going higher and then it fails and comes back within this zone here. Yeah so We've got definitely got traders who are looking to get along up top So this is again, they've been captured in their positions Here and then what we get is A bit of a move up. So if you look to the left, what you'll see is there's another level where prices are reacting from around here Of the support and resistance zone not the most accurate one But it's there anyway You can see where there's resistance resistance traders are probably just getting in early because of the fact that you know Prices, you know, they're more driven by pricing. They don't necessarily miss out on this trait. So It's definitely there See it there. So some traders got in here and some traders got in probably maybe like a deeper pullback if you look at where You may be some sort of Fibonacci See if there's a retracement No, no real food retracement confluence, maybe the 50% fair value If they wanted to do that But there's a level there anyway, you can see where it's starting to work that definitely withdrawing traders Right, then it starts to fail them again In fact, it does come down to a level right and a more accurate level now So it's literally if you draw that across Get the line You can now start to see where everything joined. So that is very accurate level Level level so there's there's there's touches now of that 0.6 945 Yeah, so then Price starts to react starts to react from there. So the early traders are probably thinking to themselves. Ah, okay So now it's it's a bit more accurate and we're getting some nice pin bars and price action Okay, so it's just based basically like a deeper pullback as we was talking about maybe from here to here You know, oh now that's the 50% brilliant Or if traders are going from here to here It's definitely pinged off that 32 and that 32% 38.2 Fibonacci very very nice very very accurate all the Fibonacci traders are probably in in there So there yeah Still accurate enough right, but the price action is what would have drawn them in Definitely would have drawn them in around here and then what you get is Kind of like a build-up I guess of stop losses below that level Because that's still an obvious level one two three And then it starts like it works and look at that as well that that will definitely drawing traders That definitely get traders in that price action right there. Yeah It's a nice engulfing candle engulfs all the candles before it Brilliant getting so the stop losses now there and then it takes them all out There it is failure of that and then As it continues to go lower a bit Yeah, so we're up here now these guys are definitely in a lot of pain to everyone up top here Everybody up top There Has been caught in their positions Yeah, Fibonacci traders You know everyone is is caught so now it's a case of This being pain Yeah pain there because traders who move and remove their stop losses don't trade with stop losses Yeah, they're going through a lot of pain at the moment a lot of pain and As prices start to come back up. This is some pain relief Yeah, so from a pain Perspective for my relief perspective. Where do you think these traders are going to potentially want to get out? here Relief for a small loss Yeah for the for their original loss You know somewhere around here and if they went if they bought Press bought by there then They have to sell to exit These guys whoever bought down here, you know, whoever bought down here Where do you think they're gonna start to take profit here take profit if they if you buy Here is a sell And obviously you've got a level of support and resistance Yeah, where traders who trade just random levels of support and resistance support and go back a bit So support support resistance and they're going to be entering potentially here And if they're entering short, then they have to sell so we should potentially Somewhere within this area have more supply orders And then we're looking for any kind of sell trades around here So all this area because maybe these these are gonna be the first guys that can probably get out of their trade These guys up top Yeah, these guys up top May also want to get out if prices can come up a bit higher. None of us know You know exactly where the turning point is. Yeah, but what we do know is that we understand where traders are caught We're trading against them and we're using their pain, you know, and the supply and demand equation because why is there going to be more demand? Here why would there be more demand at a high? The only reason why you would get more demand at a high is if overall We're in a risk You know, maybe come into a risk-on scenario where the Canadian dollar tends to do well In a risk-on environment, the Swiss Frank doesn't do well in a risk-on environment at the moment with the coronavirus still raging on Swiss Frank should be the one to To buy meaning that we have to get short around here So from a Trade perspective. Yeah, not only do we have the fundamentals currently on our side Fundamentals and sentiment can change day to day at the moment depending on obviously the the deaths theft toll and the people the amount of contractions and the flattening of the of those statistical curves, but This is how really if if if if risk is still on sorry It's risky still off and prices are grinding higher then this potentially is where there is a really really really nice Trade set up and again. It's only one trade set up in the next, you know Tens of thousands that you're gonna take over your life. So regardless of whether it wins or loses That's not really the issue on a single trade. What we're looking for is Understanding the main thing is seeing the pattern play out. You know, this is this is an a1 trade And you can pretty much see, you know, the mechanics behind Why we should be potentially getting short That's a higher probability trade high quality trade. I should say over Let's say just someone who's just randomly taking support and resistance and we understand what's going on You know to a much deeper level when it comes to not only, you know, stop hunting You know capture pain relief from a technical analysis perspective and also the trading psychology of others Yeah, because this is war at the end of the day. It is war This is what, you know, money's not made. It's taken. All right, so I'm trying to take these guys money All right, who have been caught in their positions and you know, take advantage of that anyway All right guys take care and I will speak to you soon So if what I'm saying resonates with you, why not check out trading 180 comm there is a Selection process to trade my supply and demand zone for X strategy. I'm only looking to work with Individuals with the right mindset, you know, who are hard working as well. So Check that out and access really for less than one pound a day This some of the strategies in here are not for beginners So if you don't know what supply and demand is, please check out all of my Supply and demand videos. I have hundreds of videos on YouTube so you can check that out first Guys take care and until the next video. Have a good one