USD/CHF LONG(BUY) TRADE IDEA

21 Kas 2023

Looking at the USDCHF on the Daily timeframe, currently looking to take Long positions upon the retest of the recently broken level , which also Confluences with the retest of the Daily Demand Zone, potential spike to the downside to retest the recently formed 1hr/4hr Demand Zone, this is a Low Probability Trade , so risk accordingly as there is a high probability of a further continuation of the drop , the market is currently trending within a Consolidative state , which can be regarded as a Problem , which will lead to a Reaction; pushing the price further to the downside before a Solution is presented within the Market