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jojofang0901
Nov 25, 2021 1:23 AM

USDCHF Top of Structure, 2 Possible Sell Development Short

USD/CHFOANDA

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Hi traders:

Here on USDCHF price is right back to the the previous highs of the price action.

We can see overall price is still in the larger, higher time frame consolidation after the previous bearish impulse phase.

A potential double tops, lower time frame ascending correction moving to the upside, signs of bearish reversal.

What we can expect is price can push down and form LTF continuation correction and look for sell down to previous lows.

Alternative if price move up to the top of structure, still look for possible reversal price action to form and look for sell from the top.

Thank you

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Comments
ForexTrendline
Great job here, thanks for sharing this setup!
jojofang0901
@ForexTrendline appreciate it tix
viniusck
really cool
jojofang0901
@viniusck, thank you
EZIO-FX
Nice chart
jojofang0901
YMGroup
Wow amazing job, thanks
jojofang0901
AtlasTrades
awesome thanks for sharing I agree
jojofang0901
@AtlasTrades, appreciate it
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