17 August, 2020, USDCHF scalping opportunity on H4

17 Ağu 2020

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.