UsdChf- Bullish short term, bearish medium term. What to do?
UsdChf is in a bearish trend for quite some time and recently broke under very important 0.88 zone support.
After reaching a low at 0.8550. Here the pair found support and formed a small double bottom which could lead to further gains.
In conclusion, in the short term, a rise to test the broken support, now resistance is not out of the question and short-term traders can try to speculate this potential rise.
However, if you want to stay on the safe side, a sell in 0.88 zone is a better choice.
After reaching a low at 0.8550. Here the pair found support and formed a small double bottom which could lead to further gains.
In conclusion, in the short term, a rise to test the broken support, now resistance is not out of the question and short-term traders can try to speculate this potential rise.
However, if you want to stay on the safe side, a sell in 0.88 zone is a better choice.
Christmas & New Year Offer: 40% Discount- More Details: t.me/IacobMihai
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.