GBPCHF: IN TRADING RANGE. ONE MORE LEG DOWN EXPECTED
Been busy these past few days, and could not publish this trade in time, though I took it on my account.
I short the close of the 2nd bar in the 2B candlestick formation, w/ a stop , slightly above the pattern.
GBPCHF is entering a trading range, according to my methodology.
A very nice buying pressure followed a Sell Climax, evidenced by 3B reversal pattern.
I'm seeing a potential Limit to Initial Breakout rally.
Anticipating one more leg down to testing the SX.
Nothing is 100%. We trade probabilities.^_^
I would monitor and act accordingly.
RELATED IDEA, 3MONTHS AGO
I short the close of the 2nd bar in the 2B candlestick formation, w/ a stop , slightly above the pattern.
GBPCHF is entering a trading range, according to my methodology.
A very nice buying pressure followed a Sell Climax, evidenced by 3B reversal pattern.
I'm seeing a potential Limit to Initial Breakout rally.
Anticipating one more leg down to testing the SX.
Nothing is 100%. We trade probabilities.^_^
I would monitor and act accordingly.
RELATED IDEA, 3MONTHS AGO
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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.