Dolar A.S. / Franc SwissPanjang
USDCHF BUY - IS SIMPLICITY ALL YOU NEED?
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A lot of room for error as this idea is being published way before the expected move is going to take place.
Looks like a bullish flag / rectangle which means on the third low it should shoot up, hopefully all the way to the weekly trend line where I can then ride a sell down. This will probably never happen- but wishful thinking is the key to success.
So is simplicity all you need? We'll find out in a week or two or three
yolo,
Vince.
Looks like a bullish flag / rectangle which means on the third low it should shoot up, hopefully all the way to the weekly trend line where I can then ride a sell down. This will probably never happen- but wishful thinking is the key to success.
So is simplicity all you need? We'll find out in a week or two or three
yolo,
Vince.
Nota
Forgot to mention this in the initial comment:If price breaks upwards through the purple box identified as the bullish flag, I will enter a long position once the upper level of resistance has been broken. Confirmation could be a strong bull candle closing over the resistance such as a bullish marubozu candlestick.
Be especially careful of fakeouts if this breakout happens on the 23rd as market manipulation is most common at the start of the week
Vince
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.