FX:USDCHF Market in consolidation since end of July after 4000 points drop. This is the 3rd week movement within consolidation area, usually it could go up to 8 weeks.. Current price movement to test the support for 3rd times, providing the chance to Open position with very minimal SL.
Recommendation: BUY, TP short term are as per pattern or according to MA with possible long-term position as well if the price move outside consolidation area.
I regularly trade FX Majors in general, most traded are EURUSD, GBPUSD, AUDUSD, USDCAD, USDCHF and USDJPY. Sometimes I trade: GBPJPY, EURJPY, NZDUSD, EURGBP, AUDNZD as well
do follow for future analysis of above pairs.
do follow for future analysis of above pairs.
Happy Trading guys :)