@SwissPips, The price is out of the channel. Why do you still have the trade on? I mean I certainly believe that USDCHF is massively oversold right now but hey I'm not going to fight the market. If I'm wrong, I'll just exit the trade and get on the next one. Still, I'd love to hear why you have the trade on, maybe I'm missing something?
@fakhan, because the pattern has slightly changed since I posted my idea. I believe the top of the channel is in progress but I see a rebound on the bottom, so for the moment I am keeping my position. Should price cross downwards the support I will consider closing my long trade.
@SwissPips, I see. Well, it went way below the trend line. That's usually a clear sign for me to stay away. No solid reasons for a strong dollar either. Trump doesn't want it strong before March. So considering the possibilities, maybe manipulation is at work and it certainly is risky to stick to your original assessment even when you have been proven wrong. Anyway, let's see how this goes.
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