USDCHF(1H): POTENTIAL DOWNTREND
Overview:
The triple top reversal tells us that buyers are getting exhausted or they aren’t aggressive enough to push the price higher of the resistance 1.01000.
Signal/Entry confirmation:
We shall wait for the price to break through the support 1.00500 for a signal and go SHORT after a retest of the zone around our new resistance @ 1.00500.
Speculation:
Potential TP @ 0.99900 (57pips) and SL @ 1.00730 (25pips)
The triple top reversal tells us that buyers are getting exhausted or they aren’t aggressive enough to push the price higher of the resistance 1.01000.
Signal/Entry confirmation:
We shall wait for the price to break through the support 1.00500 for a signal and go SHORT after a retest of the zone around our new resistance @ 1.00500.
Speculation:
Potential TP @ 0.99900 (57pips) and SL @ 1.00730 (25pips)
Trade smart. Trade consciously
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.