Euro / Franc SwissPenjualan
EURCHF [Triangular contraction + Channel Uptrend]
Observation:
Price action formed both Triangular Contraction [Monthly Time Frame] and a Channel Uptrend.
Analysis:
If price breaks through the dynamic resistance, a channel uptrend is confirmed and go for long and price target at the upper resistance of the channel.
If the price stays quiet on the Triangular contraction for 4 to 5 months (small volatility),
then be ready for a tsunami and short.
Conclusion:
Long: price should breakout to confirm Channel Uptrend [ small gains ]
Short: price should have low volatility for a significant amount of time [ large gains ]
Price action formed both Triangular Contraction [Monthly Time Frame] and a Channel Uptrend.
Analysis:
If price breaks through the dynamic resistance, a channel uptrend is confirmed and go for long and price target at the upper resistance of the channel.
If the price stays quiet on the Triangular contraction for 4 to 5 months (small volatility),
then be ready for a tsunami and short.
Conclusion:
Long: price should breakout to confirm Channel Uptrend [ small gains ]
Short: price should have low volatility for a significant amount of time [ large gains ]
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.