Understand it First then Trade this Setup!

FX:EURCHF   Euro / Schweizer Franken
865 4
Hello Guys, Lets take a look at EURCHF , If you look at 4h its currently in symmetrical form which expectedly going to turn into descending triangle . Now Here is a thing which you need to know, if it turn into DSC then it will have chances of breaking in both side, basically its a continuation pattern (commonly) but reversal cases also seen in market! So in that case it will have chances of breaking in both side. So we will have to wait until its breakout if you want to target SOMETHING BIG.

Trade according to your own strategy!

Good Luck!
Kommentar: Seems like we got breakout!
Kommentar: Update: Breaking out
this market very chopping and rough
+1 Antworten
WaveExpert imas007
No its not that rough.. You just need to pay little attention. @imas007,
Well explained.. I appreciate your work.
WaveExpert ImNinjaTurtle
Thanks @ImNinjaTurtle,
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