USDCHF WILL TE PRICE BREAK THE TRIANGLE RESISTANCE OR REVERSE?

ที่อัปเดต:
สแนปชอต

บันทึก
สแนปชอต

This is the price outlook on a Daily chart.
บันทึก
สแนปชอต

Price has closed on Friday with a retracement of almost half the move away from the triangle resistance.
บันทึก
สแนปชอต

Waiting for how the Daily candle looks when close today for indication of reversal patterns
บันทึก
สแนปชอต

Price has breached the bullish trendline, but the forming candles shows the signs of re entry into the trend line. Wait for the close for confirmation of a bearish or bullish bias.
บันทึก
สแนปชอต

Price went on to re-testing the high (around the red box) which could be a double top formation. Although it will be a valid scenario if price happens to break the trendline and move bellow the double top neckline.
บันทึก
สแนปชอต

The price broke the trend line as expected and keeps on the down trend toward the channel resistance.
การซื้อขายยังคงดำเนินอยู่
I have activated a position in anticipation of a bearish continuation toward the channel resistance, and further bellow it after the current retracement
การซื้อขายยังคงดำเนินอยู่
สแนปชอต

Price has taken the direction as expected.
การซื้อขายยังคงดำเนินอยู่
Although, there is currently a pause with price making an exhaustion candle. I will look for signs of reversal to get out of my position.
บันทึก
สแนปชอต

Signal of reversal not yet materialized, although price is in a pause, but I am expecting for it to resume it's course toward the channel support. Watch out for reversal confirmations though.
Chart PatternsTrend Analysis

คำจำกัดสิทธิ์ความรับผิดชอบ