USDCHF - Double Top short entry

38
Price is slowly making lower lows and lower highs. Price has now formed a double top after a very strong bullish period. I believe that due to the bullish period there will be a quick fall in price as orders flip and stops are taken out, however there is a possibility that the bullish trend could continue. Target to close position is at the low of the previous swing.

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.