Hello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
GBPCHF :
the price reached the upper line of the parallel channel and a bearish movement is possible.
Failure analysis condition:
Although the price reached the upper line of the channel, the bullish wave toward upper line was very strong. So, if the price breaks up the channel, this analysis will fail.
So, you can place your stop loss upper the channel.
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
GBPCHF :
the price reached the upper line of the parallel channel and a bearish movement is possible.
Failure analysis condition:
Although the price reached the upper line of the channel, the bullish wave toward upper line was very strong. So, if the price breaks up the channel, this analysis will fail.
So, you can place your stop loss upper the channel.