USDCHF, Bearish wedge inside of Triangle
Think this is a nice one to keep an eye on coming day or 2. It dropped quite big, after it attempted to break up from that wedge on the right. It dropped in a straight shot below that green zone, so if the coming day or 2, would see a retest of that green zone, like the blue line suggests, think it would be a nice spot to take on a short. Target would be around the lower green zone.
On the left we can see a bit triangle, normally one would say it should break up, but i think triangles like this are always dangerous, can always go both ways. But this analysis is not about the triangle just to keep an eye out for it.
Don't forget to like if you appreciate this :)
Previous analysis: Just look at how that big bearish wedge i posted a year ago (a trade that was prepared/planned months before even), eventually reached it's target a month ago :)
On the left we can see a bit triangle, normally one would say it should break up, but i think triangles like this are always dangerous, can always go both ways. But this analysis is not about the triangle just to keep an eye out for it.
Don't forget to like if you appreciate this :)
Previous analysis: Just look at how that big bearish wedge i posted a year ago (a trade that was prepared/planned months before even), eventually reached it's target a month ago :)
Penafian
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