Beanissthefunnytrader

USDCHF 18/01/2021 (Daily chart)

Long
FX:USDCHF   Dollaro / Franco svizzero
An ugly head & shoulder has formed in the daily chart, FYI.

We still need a breakout in order to confirm this reversal pattern. Personally, I believe that USD has ended up falling.

I expect that USDCHF will climb up 0.90000 - 0.92000 because this is an affordable zone for both buyers and sellers. Then, it will volatile in this zone for weeks before seeing any change in the price of USD

(This is a very long trade. Understand the risk before joining. This is just a prediction based on my very own knowledge and perception while the market is shaped by millions of traders)

Good luck.

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