Today's Analysis Bias: Long; We have previously broke market structure and retested.
Reason: Market has recently formed a double bottom and according to the theory of trading, 'Double bottom' is a reversal pattern to the bullish side.
We have our break and retest.
Have a Profitable Week.
Bias: CHFJPY will surely touch a few times inside the bearish wedge; Precisely forming a double bottom before breaking out. (Neutral)
Reason: As noted from the higher timeframes, CHFJPY broke previous high to form a new one, henceforth we should be getting a test of the previous high before continuing in the LONG direction as the relative...
We have seen US30 (also known as Dow Jones) decline for two weeks now, bearish movement all the way.
On Today's analysis Bias: Short Bias
Based on the break of previous market structure, wait for retest.
Entry: Enter upon retest.
All the best!!