USDCHF Hope you're all doing well traders as things stand seems as if the price movement is likely to overshoot our Order block and visit a lower Weekly Order block, pardon me for a late heads up. As things seem the bullish sentiment might be seen in the next 2 weeks if not three if price continues to carry a downwards rally and breaks old lows. Only possible entries would be shorts from now going forth till the order block is mitigated, now it is still vague whether this prediction will stand or not so it is advisable to go short after price has taken out the inducement zones or better yet after price has broken old lows(it will retest after breaking them).To the traders who took the trades based of those prior analysis apologies. If this analysis stands ill provide entry levelsTrade active
This is an heads up of what might happen due to price failing to reverse on the proposed Order Block on initial ideas ,chances are now fairly split as price might go either way.I will provide a heads on whether are we going short or long
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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.