Currently USDCHF corrected roughly 0.382 of the previous downtrend, looking into this correction clearly shows up a high probability of being ended up.
We could just do a short setup with a tight stop-loss (shown on the graph) and I'll target the latest support area. If the market accelerated toward that level, we could easily see the break of this level, so keep an eye.
Good luck, and never trade without stop-loss.
To be updated....
We could just do a short setup with a tight stop-loss (shown on the graph) and I'll target the latest support area. If the market accelerated toward that level, we could easily see the break of this level, so keep an eye.
Good luck, and never trade without stop-loss.
To be updated....
Comment:
Comment:
You can sell the market from the latest support area, however it will not be accelerated plunge, but you can still get some profit from it.
Remember to close your positions if you don't like volatile times at Fed Chair Powell Speaks..
Remember to close your positions if you don't like volatile times at Fed Chair Powell Speaks..
Trade closed: target reached:
Target reached at least for me, I don't have current analysis for this currency/pair right now.
Never forget Fed Chair Powell Speaks....