As you can see , Chf/Jpy is correcting on the 15 min time frame.
This correction can most likely be a double top reversal pattern.
The Double Top Reversal Pattern if valid , means price will reverse from becoming a buy , to a sell.
I am currently waiting for this double top to finish , and then I still will not push the sell button.
I will definitely NOT try to trade it big with a small stop loss.
I will wait for the sell signal and push sell and trade it very small because anything CAN AND WILL happen in this market.
This correction can most likely be a double top reversal pattern.
The Double Top Reversal Pattern if valid , means price will reverse from becoming a buy , to a sell.
I am currently waiting for this double top to finish , and then I still will not push the sell button.
I will definitely NOT try to trade it big with a small stop loss.
I will wait for the sell signal and push sell and trade it very small because anything CAN AND WILL happen in this market.
Note
We are still waiting for the correction to finish and then we will still be waiting for the sell signal. Please do not push sell when price is at the top!!! We WAIT!!!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.