USDCHF is in a overall Corrective Structure from the HTF perspective.
Price is now at a top of the outer structure and a possible double top formation
Looking deeper, prices approach the outer structure via a Ascending Channel on the 4H (sign of Reversal)
and now we can see a good flag consolidation which means most likely we can expect price to continue towards the downside. How far off? I don't know. looking left we can also see a failed flag continuation just about a week ago. So nothing is certain, expect the market to do ANYTHING.
Cheers
Price is now at a top of the outer structure and a possible double top formation
Looking deeper, prices approach the outer structure via a Ascending Channel on the 4H (sign of Reversal)
and now we can see a good flag consolidation which means most likely we can expect price to continue towards the downside. How far off? I don't know. looking left we can also see a failed flag continuation just about a week ago. So nothing is certain, expect the market to do ANYTHING.
Cheers
Not
spike me in and spike me out. :(
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.