As expected in the previous post, the price has reached the supply zone and a clear double top pattern is created on the 1 hour frame.

If the price breaks the nick line (with a full candle on the 4 hours frame) then I expect it to continue falling down to the nearest moving average or swing low accordingly.

DO NOT ENTER THIS TRADE WITHOUT PROPER RISK MANAGEMENT YOU ARE RESPONSIBLE FOR YOUR TRADES




Chart PatternsGBPCHFTrend AnalysisWave Analysis

Related publications

Disclaimer