2 Divergences on GBP/CHF
Hello traders,
What we have on GBP/CHF:
- the price breakout the trendline (Sell signal)
- bearish divergence (Sell signal) and we are expecting a bearish continuation divergence
- possible double top (this one is a little hard to see it on this chart, that's why i don't show it on the chart)
- If the price breakout the low point and the support level, i will sell first to the next low point (Tp1) and after go for TP2.
The trend in bullish, that's why i wait the price to break the support.
Leave a like and follow for more ideas!
Enjoy it!
PS : Is my vision, make your own choices.
What we have on GBP/CHF:
- the price breakout the trendline (Sell signal)
- bearish divergence (Sell signal) and we are expecting a bearish continuation divergence
- possible double top (this one is a little hard to see it on this chart, that's why i don't show it on the chart)
- If the price breakout the low point and the support level, i will sell first to the next low point (Tp1) and after go for TP2.
The trend in bullish, that's why i wait the price to break the support.
Leave a like and follow for more ideas!
Enjoy it!
PS : Is my vision, make your own choices.
Note
Possible to go at TP1 without a retracement!
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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.