double top and violation of a channel pour FX:USDCHF par VasilyTrader

double top and violation of a channel

hey traders,

on dollar swiss we have a nice potential opportunity to sell the market.
the market is overwhelmingly overbought right now and looking left we see that the market reached a decent level of structure.

now we see a bearish violation of a rising channel in conjunction with double top pattern.
I will be looking for a bearish violation of local support to sell the market.

stop is above the tops!

targets are based on structure.

good luck!

Note

BREAKOUT

Note

retest of structure

Note

Triple top

Note

very close to initial target

Note

hit the initial target

VasilyTrader

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