This is one of those charts loaded with most of things we use. Just take a look above on Cholafin chart, You can see
*Double Top on Hourly & 4 Hour +
*Potential Harmonic Pattern +
*Strong 4 Hour Resistance zone +
* Triangle Pattern ( probably yet to complete fully) with expected breakout to downside as we have resistance above.
i ) I feel price will get back into triangle for time being then downside but anyway marked both moves on chart.
ii) Only aggressive traders can take this breakout which happened now, others lets wait for the triangle to complete or Retest of triangle lower trendline then down
!!!) Aim for 1090's-95's as Target zone
iv) On valid trade setups, you can trade internal swings of triangle for Intraday
So All this will make it winning trade ??? I repeat, it increases our confidence & gives out probable Direction, No assurance to be winner.
All the Best !
*Double Top on Hourly & 4 Hour +
*Potential Harmonic Pattern +
*Strong 4 Hour Resistance zone +
* Triangle Pattern ( probably yet to complete fully) with expected breakout to downside as we have resistance above.
i ) I feel price will get back into triangle for time being then downside but anyway marked both moves on chart.
ii) Only aggressive traders can take this breakout which happened now, others lets wait for the triangle to complete or Retest of triangle lower trendline then down
!!!) Aim for 1090's-95's as Target zone
iv) On valid trade setups, you can trade internal swings of triangle for Intraday
So All this will make it winning trade ??? I repeat, it increases our confidence & gives out probable Direction, No assurance to be winner.
All the Best !
