Tradesmanship

(USDCHF) Daily - speculation & analysis

FX:USDCHF   U.S. Dollar/Swiss Franc
6 months ago
We have an on going wedge for the past year, I had earlier forecast a downfall in this pair which didn't happen. The downfall is still a possibility, if we break the yellow trend line , am expecting a drop to the bottom of the wedge . We can also head to "No man's land" in which we can hit the top of the wedge and come back down again, or break it and head up, if we do break it, I will wait for consolidation and buy long term.


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5 months ago
Comment: I placed a small short, with SL on top of the green line, you can do the same or wait for a daily close under the trend.
5 months ago
Comment: stopped out
5 months ago
Comment: no mans land has arrived...
lukelehepuu
6 months ago
Nice chart :)
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Tradesmanship PRO lukelehepuu
6 months ago
thank you ;) happy pips !
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