Hello dear Fellow!
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💶GBP/ CHF Setup / Analysis
🕐 4hr's Chart
Reasoning 📜🖋️
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- Major Turn level / w - The reason why I would call this a major zone, it's because it has been here for so many weekly so it major
- Volume Range hvn - high Volume Node
- Liquidity Box Break out - Liquidity Box In trading, the term "liquidity" refers to the ease with which an asset can be bought or sold in the market without causing a significant impact on its price.
A liquidity box typically represents a range on a price chart where there is a concentration of orders, implying an area where buying and selling interest is clustered.
Breakout : A breakout occurs when the price of an asset moves outside a predefined range or pattern.
Traders often look for breakouts as potential signals of a strong, sustained price movement.
- Choch Area
- Volume Pattern Break Out
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- ( Take Profit point's ) -
Take Profit 1 ( 1.09550 )
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Take Profit 2 ( 1.10000 )
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Take Profit 3 ( 1.10600 )
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Last Take Profit 4 ( 1.11280 )
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