USDCHF: A false break of resistance will set up a sell-off

USDCHF breaks trend support and forms a range of 0.900 - 0.888
The market is flat and accordingly an intra-range strategy should be considered
There is no potential to break the resistance at the moment, as a small rally to the resistance is forming.
and such a fast movement can be stopped and reversed quite easily.
A big player is likely to delimit the range at 0.89994 resistance with the aim of taking a large position before moving to one side or the other.
Strategy: False breakdown of resistance followed by a fall. Targets: 0.895, 0.888
The market is flat and accordingly an intra-range strategy should be considered
There is no potential to break the resistance at the moment, as a small rally to the resistance is forming.
and such a fast movement can be stopped and reversed quite easily.
A big player is likely to delimit the range at 0.89994 resistance with the aim of taking a large position before moving to one side or the other.
Strategy: False breakdown of resistance followed by a fall. Targets: 0.895, 0.888
İşlem kapandı: hedefe ulaştı
❤️ Telegram channel: t.me/AndeWave
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.
❤️ Telegram channel: t.me/AndeWave
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.