Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on USDCHF, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
Always follow your trading plan regarding entry, risk management, and trade...
Hello dear friends.
In this analysis, you can see that the dollar index has reached the demand area. It can also be seen in that area that the price is in a relative support at 92.8 and 92.5 and its relative resistance is between 94 and 93.7.
To climb: Stabilize above 94
For Descent: Fix below 92.5
Good luck.
