USDCHF - What To Do After A Huge Breakout
We had a huge breakout of the main channel on the 4 hour chart, and it's been dropping more and more.
So what's a trader to do, jump on board and hope it keeps falling? Or grab a buy thinking it has gone far enough, and hope you were right?
It helps to know where we're at and where the structure is headed, take a look.
PS - The answer to the questions above is neither, hope you know that by now :)
So what's a trader to do, jump on board and hope it keeps falling? Or grab a buy thinking it has gone far enough, and hope you were right?
It helps to know where we're at and where the structure is headed, take a look.
PS - The answer to the questions above is neither, hope you know that by now :)
Nota
Looking good so far, we're headed towards the end of wave B any moment. Notice the double bottom right at wave A, so we're looking for a reversal pattern or something to indicate the start of C.
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.