Here we have a opportunity to go short for long turn. ??? IF ??? market retrace at least 50% we will look for comfortable spot to go short. so traders get ready to get short with your plan.
In long turn market is in up trend. Last week it did make a very beautiful double bottom . this week we hope to climb the .7711 point.
This week very much going to be bullish week to complete pattern.
we are expecting market to come to this red support area for next decision.
we are in resistance zone. if we go back we will find that it is the probability resist here.
Now we need the confirmation point of bat pattern's D point, to trade it.
if it complete the pattern, it's easy to go long.
A bearish cypher pattern is now on focus, which c point can take support from a point of bullish bat pattern...
Here are some pattern in our radar for next week. "ENJOY THE HOLLY DAY"
Here we get one more advanced pattern formation that is cypher pattern . It seems that C point of the cypher going to take support from D or A point of our bullish bat pattern’s. If we want to go short to follow this logic then we need to wait for best place to short with what we feel comfortable. ...
here we are waiting for next point to confirm what pattern it will be. If the next point end below the B point then we could wait for advanced cypher pattern but if market don't break the B point then we expect for advanced bat pattern. Now need to wait and watch what role market does play.
We expect to retrace the recent resistence level to go for further. Now nothing but need to wait for our time .
In 4hr chart CHFUSD pair trying to complete bat pattern. now we will wait until it touch D point. after that we will look for the prefect point to get enter in trade.
In 1h chart we got bullish bat pattern formation.