GBP / CHF - wait for short confirmation
- bullish trend structure on 4H
- daily stochastic RSI already heavy overbought
- price is within ascending triangle in both time frames
- 50D SMA is going to cross 100D and 200D - this would be an bullish indicator
- If price close above upper triangle trend line this analysis in invalid
good luck to all and have a nice week.
- daily stochastic RSI already heavy overbought
- price is within ascending triangle in both time frames
- 50D SMA is going to cross 100D and 200D - this would be an bullish indicator
- If price close above upper triangle trend line this analysis in invalid
good luck to all and have a nice week.
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
