LAST KICK OF A DYING HORSE... OR IS THE HORSE ALREADY DEAD?
USD/CHF along with other pairs show a possible last extension proportions in their current directions respectively. Even so,It is inconclusive of whether there'll be further continuation in the very current market direction or if the market is now embarking in a new direction(CoCH).
Should my forecast stand correct,I anticipate a last drop to the designated mark of about 0.84800(Entry) with an adequate risk of 0.84250 for SL placement(few units below previous lowest low).
My anticipated bare minimum TP1 would then be 0.86150 at 50%Fib mark.
This is a high risk trade therefore I would advice proper risk management practices and small lot sizes.
Trade with care.
Should my forecast stand correct,I anticipate a last drop to the designated mark of about 0.84800(Entry) with an adequate risk of 0.84250 for SL placement(few units below previous lowest low).
My anticipated bare minimum TP1 would then be 0.86150 at 50%Fib mark.
This is a high risk trade therefore I would advice proper risk management practices and small lot sizes.
Trade with care.
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免責聲明
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。