(USDCHF) Daily - speculation & analysis

We have an on going wedge for the past year, I had earlier forecast a downfall in this pair which didn't happen. The downfall is still a possibility, if we break the yellow trend line, am expecting a drop to the bottom of the wedge. We can also head to "No man's land" in which we can hit the top of the wedge and come back down again, or break it and head up, if we do break it, I will wait for consolidation and buy long term.


Liability Disclaimer : All trades posted here are my personal view of the market.
If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.

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Kommentar:

I placed a small short, with SL on top of the green line, you can do the same or wait for a daily close under the trend.

Kommentar:

stopped out

Kommentar:

no mans land has arrived...