Hello traders this is EURCHF sell setup
As you can see we are trading the retest of the previous low
When we take it down a step further to the 1h we can see what seems to be a triangle. I've been trading triangles for a while now they usually have fake outs so be careful when trading them.
Another thing we have here is this divergence.
For the highest probability I will be entering my trade on the neckline of the double top.
As you can see we are trading the retest of the previous low
When we take it down a step further to the 1h we can see what seems to be a triangle. I've been trading triangles for a while now they usually have fake outs so be careful when trading them.
Another thing we have here is this divergence.
For the highest probability I will be entering my trade on the neckline of the double top.
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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.