USDCHF after being in a range from the start of the month, finally break down and trading below it. Two senario is possible
a) a bullish divergence will play its role and push the price to upside. Wait for bullish candle and place stoploss below trendline.
b) The price will continue to fall test the rising trendline (blue) and bears will continue its show till the end.
Trade your levels accordingly.
a) a bullish divergence will play its role and push the price to upside. Wait for bullish candle and place stoploss below trendline.
b) The price will continue to fall test the rising trendline (blue) and bears will continue its show till the end.
Trade your levels accordingly.
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