Sidi_king_trading
GBPCHF Bull Power (wyckoffian accumulation)Here we have Smart Money concept in play. first we had the distribution phase on the top prior to the markdown (sell-off).
After the selloff the price had been taking liquidity on the demand zone (bottom side).
the market shows a wyckoff accumulation (you can google Wyckoff schematic if not familiar with it), and based on that, the real smart MONEY MOVE is about to play out.
PS: based on the price action, we may have a 400+ pips move
Note: this is not an advise to go ahead and buy this pair. Trade at your own risk
USDCHF BuyH and S formation on USDCHF! Wait for a correction back to the Support Zone/Neckline! Identify rejection pattern and catch a 250 pips move! In order to not miss it, you can draw it exactly the same way I marked it up, then ADD AN ALERT at the Neckline! Patience is a key! don't forget to manage risk!
Much love from King <3