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benalistarfx
Nov 14, 2021 8:13 PM

Potential 🦀 Long

British Pound/Swiss FrancFXCM

Description

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USD/CHF - Potential Crab Pattern Forming on LTF, HTF we have a double bottom forming (Not confirmed until we get a neckline break so right now i'm analyzing price based on LTF price action/structure.

We have a lot of imbalance left over from the weekly pushes and the D point lands on a strong OB (Which will potentially make a nice sell too whilst also covering previous imbalances and will take out trapped liquidity)

I expect to drop towards the 1.23285 level before rising to then break the DH.

let me know your thoughts!
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