GBPCHF On An IMPORTANT Area
Hello traders:
#.WHAT ARE WE EXPECTING:
I'm expecting a reversal pattern that can push price up IMPULSIVELY, there is a pattern forming on the LTF also like the same falling wedge which make the trade still valid and as a confluence to confirm the trade.
#. HOW DO WE ENTER:
Wait for a bullish impulse move on the lower time frame followed by a continuational correction,on the break of LTF correction comes entry [confirm the setup]
#. OUR STOP LEVEL:
Below lower time frame correction [retest]
#. POSSIBLE TARGET:
Top of the falling wedge [90% rule]
AS ALWAYS TRADE SAFE AND STAY SAFE
COMPLEMENT OF THE SEASON 🎄
#.WHAT ARE WE EXPECTING:
I'm expecting a reversal pattern that can push price up IMPULSIVELY, there is a pattern forming on the LTF also like the same falling wedge which make the trade still valid and as a confluence to confirm the trade.
#. HOW DO WE ENTER:
Wait for a bullish impulse move on the lower time frame followed by a continuational correction,on the break of LTF correction comes entry [confirm the setup]
#. OUR STOP LEVEL:
Below lower time frame correction [retest]
#. POSSIBLE TARGET:
Top of the falling wedge [90% rule]
AS ALWAYS TRADE SAFE AND STAY SAFE
COMPLEMENT OF THE SEASON 🎄
Note
price broke out from the falling wedge, now look for a LTF continuational correction to continue the trend. see it on my next idea stay tune
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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.
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.