The analysis published is of the USD/CHF pair. The potential opportunity I am presenting is a short position. Why?
The thoughts behind it are the pair has been trading in descending triangle for a significant period, and now is
trading within a symmetrical triangle. The position will be taken once there is a confirmation of the breakout and re-test.
The lower timeframe will be used to find the best entry point for this potential trade.
Thanks for reading, hope this helps in any way.
The thoughts behind it are the pair has been trading in descending triangle for a significant period, and now is
trading within a symmetrical triangle. The position will be taken once there is a confirmation of the breakout and re-test.
The lower timeframe will be used to find the best entry point for this potential trade.
Thanks for reading, hope this helps in any way.