"Top and Bottom Analysis" USD/CHF by ThinkingAntsOk
4H CHART EXPLANATION:
We observe that price started a strong downside movement after bouncing at the top of the Weekly Wedge Pattern, making two corrective structures on the way that allowed us to enter the market. Now, it has broke both the Bottom of the Wedge Pattern and the Support Zone, so we expect a corrective movement to continue the main direction.
Updates coming soon!
MULTITIMEFRAME VISION:
Daily;
Weekly:
We observe that price started a strong downside movement after bouncing at the top of the Weekly Wedge Pattern, making two corrective structures on the way that allowed us to enter the market. Now, it has broke both the Bottom of the Wedge Pattern and the Support Zone, so we expect a corrective movement to continue the main direction.
Updates coming soon!
MULTITIMEFRAME VISION:
Daily;
Weekly:
