Looking at the 4 hour timeframe we can see a corrective ABC structure formed. With wave C complete we can expect a surge
to the upside to continue the once bullish trend before the correction. On the H1 timeframe we have a complete inverse
head and shoulders pattern. I must admit this is a weird looking neckline but it'll serve its purpose. I expect a break above
and a retest of the neckline before placing a buy entry.
If you enjoy this post please do let me know by hitting the like button and sharing. I would mostly appreciate your perspectives
on UCHF down in the comments.
Targets:
0.94600
0.95000
0.95300
to the upside to continue the once bullish trend before the correction. On the H1 timeframe we have a complete inverse
head and shoulders pattern. I must admit this is a weird looking neckline but it'll serve its purpose. I expect a break above
and a retest of the neckline before placing a buy entry.
If you enjoy this post please do let me know by hitting the like button and sharing. I would mostly appreciate your perspectives
on UCHF down in the comments.
Targets:
0.94600
0.95000
0.95300
Nota
Trade confirmation wasn't given. I do advise a little patience as it has bounced off of the weekly support level.
Nota
Trade finally coming into play
Dagangan aktif
Stop loss moved to break even
Dagangan ditutup: sasaran tercapai
Target 1 Reached
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.