hey traders,
on dollar swiss we have a nice potential opportunity to sell the market.
the market is overwhelmingly overbought right now and looking left we see that the market reached a decent level of structure.
now we see a bearish violation of a rising channel in conjunction with double top pattern.
I will be looking for a bearish violation of local support to sell the market.
stop is above the tops!
targets are based on structure.
good luck!
Comment:
BREAKOUT
Comment:
retest of structure
Comment:
Triple top
Comment:
very close to initial target
Comment:
hit the initial target
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