itaskar
Short

Right-Angled Broadening, ascending

FX:GBPCHF   British Pound/Swiss Franc
147 13 2
trendline break a rebound, possible downward continuation, stoploss above previous high.
ForceFollower
2 years ago
I admit, your studies get better and better. And the way you interpret them as well. I mean, I like this analysis of yours, as it is pretty much consistent with my approach.
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itaskar ForceFollower
2 years ago
thx a lot piotr, your studies are helping my very well(also other guys studies), joining to tradingview was the best step for my :)
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itaskar
2 years ago
short 1.4611, stoploss over 1.4710, daily EMA200 1.4653
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ForceFollower itaskar
2 years ago
You should be good. Currently the ultimate, strongest resistance lies probably at 1.472, but there's also a minor one at 1.46666. So your stop should be safe at 1.4710.
As for the target, you've got the highest probability with the level of 1.45528, but you also stand a 75% chance of price reaching 1.45366. Lower than that is also possible, but just the odds get smaller.
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FaultyKid
2 years ago
I'm pretty sure you hit your take profits, are you shorting again from 1.4611?
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FaultyKid FaultyKid
2 years ago
Oops I was referring to ForceFollowers Probability levels
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itaskar FaultyKid
2 years ago
yep mate, took profit 71pips and now I am in from 1.4614, stop loss 1.4725
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FaultyKid itaskar
2 years ago
Yesterday 13:00 and 17:00 GMT took nice dives. Will be very nice if we get a 4hr triple top at the end of this candle.

Anyway I joined you at 1.4607!
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itaskar FaultyKid
2 years ago
there is possibility for up move, so I am just with small trade in, take care
snapshot
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itaskar FaultyKid
2 years ago
I went out from this trade with 20 pips..pending short 1.4680.
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itaskar
2 years ago
I am in again, stop loss above 1.4750
snapshot
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FaultyKid itaskar
2 years ago
I just joined you at the top descending line
Strong descending trendling for short position
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ForceFollower FaultyKid
2 years ago
Let's see, if it holds. I hope so. :-)
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