USDCHF has been trading in a bearish trend after made a top of 0.9960. The price on 4H time frame has approached to horizontal support. The same zone is confluence of multiple support. 1) Horizontal support 2) Rising support 3) 100SMA and 200SMA 4) 0.50 fib level The bulls can show strong momentum at this confluence zone. Manage your trades accordingly.
I looked at all these published trades, and this was the only one I agree with. This was well done, and don’t know why traders think it was gonna sell. They should of looked at nas100 first before thinking usdchf was gonna sell.
Solldy
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Not the most usual method of analysis for this asset. Usually your predictions are terribly accurate, I hope that will be the case this time.