#CHFSGD [Daily] 90% : 10% to Long over Short?
Updated
Read this carefully if you want to grab an opportunity next week! Spot on 
CHFSGD.
Bringing you today a unique opportunity that might turn out to be a mid term long trade to target recent highs.
Price last week has hit a triple key levels and reacted on them.
Price since November 19 has been respecting an upside channel where it made a high on March 13 2020. Now is testing the ascending lower wedge [Dashed blue line] and at the same time has tested the previously broken upside wedge of a massive broken channel. [Dashed red line].
It is important to bear in mind that price may test the Annually demand below around 1.43900 some thing like 100 pips below. However, i don't recommend to keep the contract open to these lows, If current upside channel lower wedge is violated next week then take yourself out.
A violation to last week's low will cancel the bullish setup.
Analysis is based on #SupplyAndDemand, #Channels #Breakouts Strategies. [D1,W1,MN]
Follow and like for more setups...
#AHMEDMESBAH
CHFSGD.Bringing you today a unique opportunity that might turn out to be a mid term long trade to target recent highs.
Price last week has hit a triple key levels and reacted on them.
Price since November 19 has been respecting an upside channel where it made a high on March 13 2020. Now is testing the ascending lower wedge [Dashed blue line] and at the same time has tested the previously broken upside wedge of a massive broken channel. [Dashed red line].
It is important to bear in mind that price may test the Annually demand below around 1.43900 some thing like 100 pips below. However, i don't recommend to keep the contract open to these lows, If current upside channel lower wedge is violated next week then take yourself out.
A violation to last week's low will cancel the bullish setup.
Analysis is based on #SupplyAndDemand, #Channels #Breakouts Strategies. [D1,W1,MN]
Follow and like for more setups...
#AHMEDMESBAH
Trade active
Trade active
Expecting a correction and a continuation next week.
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