Looking at taking a Buy position on USDCHF.
Using Technical Indicators, the Stochastic is showing an oversold market on the 1HR.
Price has previously tested the current level and therefore acting as a level of Support.
We are yet to see a cross over of the moving averages. However, we will be watching the new few candles for confirmation before taking our positons.
Please remember to leave a LIKE, COMMENT and FOLLOW for more trade ideas :)
Using Technical Indicators, the Stochastic is showing an oversold market on the 1HR.
Price has previously tested the current level and therefore acting as a level of Support.
We are yet to see a cross over of the moving averages. However, we will be watching the new few candles for confirmation before taking our positons.
Please remember to leave a LIKE, COMMENT and FOLLOW for more trade ideas :)