Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on H4: Left Chart
GBPCHF has been stuck inside a range so we will be trading the range until it is eventually broken upward or downward.
Now since GBPCHF is sitting around the upper bound of the range, we will be looking for sell setups on lower timeframes.
on H1: Right Chart
🏹 For the bears to take over, we need a momentum candle close below the gray last swing low to sell.
Meanwhile, until the sell is activated, GBPCHF can still trade higher or even break the upper bound of the range.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
on H4: Left Chart
GBPCHF has been stuck inside a range so we will be trading the range until it is eventually broken upward or downward.
Now since GBPCHF is sitting around the upper bound of the range, we will be looking for sell setups on lower timeframes.
on H1: Right Chart
🏹 For the bears to take over, we need a momentum candle close below the gray last swing low to sell.
Meanwhile, until the sell is activated, GBPCHF can still trade higher or even break the upper bound of the range.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT