fxhassan

USDCHF trendline & price action analysis

FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF is currently on way in descending channel to nearest support of .9060. i am expecting a little pullback then straight down to .9010. on reaching to .9010 it will form triple bottom . after this i will go long on it if it give me confirmation via bullish engulfing or bullish pin bar. .other wise not
because i am preferring to miss a trade then to loose it. if it give confirmation candle then stop loss must be 15 pips below the body or wick of confirmation candle. Thank you. your expert comments on my idea will help me to improve my trading skills.
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