I am being expecting of a fall of USDCHF pair.
I prefer to short USDCHF -0.21% pair because a false breakthroughs upside of a triangle and a channel has happened. However, the price is closed in a descending channel now, so we could see that USDCHF -0.21% is limited in a channel structure. So, I prefer to trade a channel more than triangle. Time shows if I am right or wrong.
However, look for previous CHF moves. They show that this asset is a very dangerous, because huge moves could happen unpredictable. Risk Management is 100% mandatory trading it. There are no simple trades. Always remember that any forecast and expectation could be totally wrong.
However, look for previous CHF moves. They show that this asset is a very dangerous, because huge moves could happen unpredictable. Risk Management is 100% mandatory trading it. There are no simple trades. Always remember that any forecast and expectation could be totally wrong.
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A good dynamics in it!
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A good dynamics.
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So strange dynamics.
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Looks like channel view is good just a wrong direction were marked by me. It's never too late to learn.
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The dangerous asset. A rigorous risk management is mandatory.