EurChf had a solid close below the last remaining support and is now in no mans land.
Would also be a perfect 1:1 AB=CD move to the next structure level
With the solid close below makes me think this thing is gonna continue to follow path of least resistance and head lower
Looking to be a great trade with awesome R:R
Will keep updated on this and post higher/lower TF Charts for reinforcement
Would also be a perfect 1:1 AB=CD move to the next structure level
With the solid close below makes me think this thing is gonna continue to follow path of least resistance and head lower
Looking to be a great trade with awesome R:R
Will keep updated on this and post higher/lower TF Charts for reinforcement
Note
Weekly chart shows similar story with trend line break below close belowAdding more clause to a solid shorting opportunity into the next structure level
Trade active
Trade is on with some great bearish candles to confirm our position, will keep updated on what happensLooking to get sick nasty with this one
plan your trade trade your plan!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.