Citadel

Citadel

Technical Analysis For Potential Long Trade Based on market structure GBPCHF 240min chart is in a downtrend Price failed to reach at its last upmove the upper parallel of the rising channel We had a sell off with start point the upper MLUP of the pitchfork Entry: 1.24960 Stoploss: 1.25430 Profit target: 1.23510 3:1 risk/reward

Citadel

Technical Analysis For Potential Long Trade Overall we are in an uptrend Price test the median line of the pitchfork At the same level we have previous structure Entry: 1.05415 Stoploss: 1.05220 Profit target: 1.06005 3:1 risk/reward

Citadel

Technical Analysis For Potential Short Trade - Price took out previous swing low, a signal of potential change of behavior - It has pulled back to previous structure where it seems it's been rejected - At same level price tests the 50% fibonacci retracement level Entry: 146.300 Stoploss: 146.850 Profit target: 144.605 3:1 risk/reward setup