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UnknownUnicorn180388

USD.CHF - Historical Resistance At 1.000

U.S. Dollar / Swiss Franc (FX:USDCHF)  
UnknownUnicorn180388 Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Technical Indicators Trend Analysis Chart Patterns ukforexsignals USDCHF
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8
indicator trendanalysis chartpattern ukforexsignals usdchf
Currency Pair: USD.CHF
Time Frame: Daily & 4hr
Daily Predicted Direction: Long
4hr Predicted Direction: Short

Live USD.CHF updates will be available in the comments section below
Comment:
A textbook doji candle has formed at trendline resistance, however i will be waiting 1 more day as i feel this is a bear trap.
Comment:
As explained yesterday a perfect bear trap formed, it's the main reason why i await a clear reversal as opposed to shorting on a daily candle close.
Comment:
Price has now retested 1.000
I am now awaiting a reversal opportunity.
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