moorekapital
Short

GBPCHF: IN TRADING RANGE. ONE MORE LEG DOWN EXPECTED

FX:GBPCHF   British Pound / Swiss Franc
81 0 6
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

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out