GBPCHF - Range bound

28 ก.ย. 2017

DE being the range confirmed by FGHI and below are the expected scenarios when either of the boundaries are broken.

Scenario 1 : Acceptance at boundaries - Orange arrows
Break and Acceptance at boundary 'D' will give a Short setup
Break and Acceptance at boundary 'E' will give a Long setup

Scenario 2 : Unacceptance at boundaries - Green arrows
Break and Unacceptance at boundary 'D' will give a Long setup
Break and Unacceptance at boundary 'E' will give a Short setup

Note: The decision to enter a Long or Short based on Acceptance or Unacceptance will be done only after the priceaction observation post break of boundaries 'D' and 'E'.