A bearish engulfing pattern at supply level possibillity of a reversal
SYMMETRIC TRIANGLE ON H1,BEARISH MOVE IS NOT IN ANYWAY UNCATERED FOR ..THE MARKERT WILL DECIDE
A RETEST ON THE SUPPORT AND A MINOR PULLUP TO THE NEXT SUPPORT
A RETEST IS EXPECTED ON THIS PAIR BUT ON OVERALL ,WE ARE GOING UP,SORRY FOR LATE ANALYSIS ON THIS ONE WE MISSED THE BREAKOUT
The roof is not symmetricall but the boy should leak to the floor of the house ..he might go deeper but the market will tell
This can happen if and only if we successfully break out of the wedge ,if we dont lets prepare for a big swing down and let the bears take control
If this boy doesnt breakout anytime now lets wait below and buy the boy
Buy at the last support in case of a clean breakot
There is a possibility of a retest .at that resistance level .If it breaks that level its a different story
A BREAKOUT AND A RETEST ...ENTER AT THE SUPPORT .THANK YOU
The pair is losing bullish momentum and it is at high supply levels ,but lets wait and see how the markert decides
USDCHF Might bounce back to next resistance or even break