USDCHF Shorting Opportunity
Seems a little late to enter but it's all your choice guys, this is a very great SHORTING opportunity if we get a small retest on the Resistance, if we don't however, my suggestion is to wait until the market reaches the Support Level and go LONG if we get a good entry reason.
However, take note that we could see a possible breakout to either side. Place stops accordingly and a reasonable target. My advise would be wait until the market reaches a level of structure, find a good entry reason, to minimize the risks.
Do not trade blindly based on this analysis. Always have and follow your trading analysis/plan.
Let me know your thoughts on this pair down in the comments! :D
I hope you have an amazing week ahead!
However, take note that we could see a possible breakout to either side. Place stops accordingly and a reasonable target. My advise would be wait until the market reaches a level of structure, find a good entry reason, to minimize the risks.
Do not trade blindly based on this analysis. Always have and follow your trading analysis/plan.
Let me know your thoughts on this pair down in the comments! :D
I hope you have an amazing week ahead!
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