As we can see UsdChf has formed a double bottom structure (W structure).
I would wait for the price to project lower first.
Personally have a buy bias with buy limit order.
Remarks from author
1)This analysis does not represent long or short trade immediately, it is solely on the author analysis
2)Trade at your own risk with proper lot sizing and follow your own trading plan
3)Risk management is always be the top priority
I would wait for the price to project lower first.
Personally have a buy bias with buy limit order.
Remarks from author
1)This analysis does not represent long or short trade immediately, it is solely on the author analysis
2)Trade at your own risk with proper lot sizing and follow your own trading plan
3)Risk management is always be the top priority