USDCHF | Approaching to Support
USDCHF after being in a range from the start of the month, finally break down and trading below it. Two senario is possible
a) a bullish divergence will play its role and push the price to upside. Wait for bullish candle and place stoploss below trendline.
b) The price will continue to fall test the rising trendline (blue) and bears will continue its show till the end.
Trade your levels accordingly.
a) a bullish divergence will play its role and push the price to upside. Wait for bullish candle and place stoploss below trendline.
b) The price will continue to fall test the rising trendline (blue) and bears will continue its show till the end.
Trade your levels accordingly.
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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.
Related publications
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.