POTENTIAL SHORT TRADE SET UP FOR GBPCHF
Analysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.
Entry: The price approached the previous HTF swing high zone with an ascending structure on the mid time frame (MTF), forming a double top pattern at the peak of the swing high area. Subsequently, the price broke below the lower time frame ascending structure, signaling a bearish shift, and formed another bearish continuation-like pattern.
Expectation: A downward move is anticipated, targeting the base of the mid time frame (MTF) ascending structure.
⚠️ Reminder: Conduct your own analysis and implement proper risk management, as forex trading carries no guarantees. This is a high-risk endeavor, and past performance does not predict future outcomes. Trade responsibly!
Entry: The price approached the previous HTF swing high zone with an ascending structure on the mid time frame (MTF), forming a double top pattern at the peak of the swing high area. Subsequently, the price broke below the lower time frame ascending structure, signaling a bearish shift, and formed another bearish continuation-like pattern.
Expectation: A downward move is anticipated, targeting the base of the mid time frame (MTF) ascending structure.
⚠️ Reminder: Conduct your own analysis and implement proper risk management, as forex trading carries no guarantees. This is a high-risk endeavor, and past performance does not predict future outcomes. Trade responsibly!
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。