USDCHF - LIKELY SHORT - Double Top Trade-Observe Price Action...
A: SUMMARY – We Favor a SHORT-Do Observe Price Action on Monday 30/04 !
WEEKLY CHART –
Price Heading Up (after Breaking Lower Weekly Wedge Line)
>Price UP last 10 Trading Days
>Heading to WEEKLY S/R 0.99898
B: This Coming WEEK Analysis:
1- POSSIBLE SHORT – To Observe PIN bar that is being formed.
>Observe H4/H1 for possible Entry . Observe Price Action
>1st Double TOP – Weak Formation !!
>Price now at various past S/R support zone (See Chart)
NB: There is a POSSIBLE Probability after Price Pull back it
Might head towards 0.99780 (Previous High) / 0.99898 (Weekly S/R)
Forming a DOUBLE TOP , b4 Crashing down again.. SO OBSERVE Price movement !!
Cheers .. so STAY NIMBLE-TRADE SAFE !!
WEEKLY CHART –
>Price UP last 10 Trading Days
>Heading to WEEKLY S/R 0.99898
B: This Coming WEEK Analysis:
1- POSSIBLE SHORT – To Observe PIN bar that is being formed.
>Observe H4/H1 for possible Entry . Observe Price Action
>1st Double TOP – Weak Formation !!
>Price now at various past S/R support zone (See Chart)
NB: There is a POSSIBLE Probability after Price Pull back it
Might head towards 0.99780 (Previous High) / 0.99898 (Weekly S/R)
Forming a DOUBLE TOP , b4 Crashing down again.. SO OBSERVE Price movement !!
Cheers .. so STAY NIMBLE-TRADE SAFE !!