GBPCHF: IN TRADING RANGE. ONE MORE LEG DOWN EXPECTED
Been busy these past few days, and could not publish this trade in time, though I took it on my account.
I short the close of the 2nd bar in the 2B candlestick formation, w/ a stop , slightly above the pattern.
GBPCHF is entering a trading range, according to my methodology.
A very nice buying pressure followed a Sell Climax, evidenced by 3B reversal pattern.
I'm seeing a potential Limit to Initial Breakout rally.
Anticipating one more leg down to testing the SX.
Nothing is 100%. We trade probabilities.^_^
I would monitor and act accordingly.
RELATED IDEA, 3MONTHS AGO
I short the close of the 2nd bar in the 2B candlestick formation, w/ a stop , slightly above the pattern.
GBPCHF is entering a trading range, according to my methodology.
A very nice buying pressure followed a Sell Climax, evidenced by 3B reversal pattern.
I'm seeing a potential Limit to Initial Breakout rally.
Anticipating one more leg down to testing the SX.
Nothing is 100%. We trade probabilities.^_^
I would monitor and act accordingly.
RELATED IDEA, 3MONTHS AGO
