A Potential Long Opportunity on USDCHF
In the last four days, the began to decline up until last week Friday. Price came as as low as 0.9800 and began to range on Friday and Monday. I speculated a rise in price on yesterday (Monday) and so far price has broken Friday's high.
With this break, I anticipate a more rise in price. If you are not as conservative, you may choose to buy from 0.9840. Nonetheless, waiting for 0.9855 as an entry is not a terrific idea. My target will be at 0.9900 and from there I'll watch and wait for the next price action.
With this break, I anticipate a more rise in price. If you are not as conservative, you may choose to buy from 0.9840. Nonetheless, waiting for 0.9855 as an entry is not a terrific idea. My target will be at 0.9900 and from there I'll watch and wait for the next price action.