Euro / Franc SuisseShort
EURCHF [Triangular contraction + Channel Uptrend]
Observation:
Price action formed both Triangular Contraction [Monthly Time Frame] and a Channel Uptrend.
Analysis:
If price breaks through the dynamic resistance, a channel uptrend is confirmed and go for long and price target at the upper resistance of the channel.
If the price stays quiet on the Triangular contraction for 4 to 5 months (small volatility),
then be ready for a tsunami and short.
Conclusion:
Long: price should breakout to confirm Channel Uptrend [ small gains ]
Short: price should have low volatility for a significant amount of time [ large gains ]
Price action formed both Triangular Contraction [Monthly Time Frame] and a Channel Uptrend.
Analysis:
If price breaks through the dynamic resistance, a channel uptrend is confirmed and go for long and price target at the upper resistance of the channel.
If the price stays quiet on the Triangular contraction for 4 to 5 months (small volatility),
then be ready for a tsunami and short.
Conclusion:
Long: price should breakout to confirm Channel Uptrend [ small gains ]
Short: price should have low volatility for a significant amount of time [ large gains ]
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.