Yemi_Fx1 | Short for USDCHF

From 4HTF perspective price has been moving in an ascending channel and currently it's approaching the upper dynamic trendline + area of value. If all criteria are met and the structure holds, then I'm looking forward for price to fall to the base of the channel.

I'll be considering
  • A Risk entry type at the top of the structure at an area of value.

  • Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.


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Penafian