USDCHF - SHORT - RISING WEDGE - PATTERN IN A PATTERN
1, PATTERN IN A PATTERN (RISING WEDGE)
2, RSI BEARISH DIVERGENCE
3, DOUBLE TOP INSIDE SMALLER WEDGE
4, DXY - GARTLEY PATTERN
1ST TARGET BASED ON BOTTOM BOUND OF LARGER WEDGE PATTERN - 2ND TARGET WILL BE DETERMINED IF THAT WEDGE IS ALSO BROKEN
2, RSI BEARISH DIVERGENCE
3, DOUBLE TOP INSIDE SMALLER WEDGE
4, DXY - GARTLEY PATTERN
1ST TARGET BASED ON BOTTOM BOUND OF LARGER WEDGE PATTERN - 2ND TARGET WILL BE DETERMINED IF THAT WEDGE IS ALSO BROKEN
Note
this can be a potential high risk entryNote
waiting for 2nd opportunity to get into the trade once wedge is brokenTrade closed manually
Price showing a different nature now - an updated will followed up.Trade closed manually
Price will still come down but formed another pattern and 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.