USDCHF - Triple Bottom Reversal
Hey Traders!
It's Sunday evening and we are heading towards the last week of the month.
The first thing to find out before we trade a pair is the main direction of the pair.
Most of the traders face losses when market structures are changing.
As we can see a Triple Bottom Reversal Pattern here which is one of the major reversal patterns and can lead to a 3-6 months move.
We are still looking for the breakout to confirm the pattern.
You can take your trades according to your trading style but make sure with proper risk management.
Tip: Try to buy on higher lows or retest level.
It's Sunday evening and we are heading towards the last week of the month.
The first thing to find out before we trade a pair is the main direction of the pair.
Most of the traders face losses when market structures are changing.
As we can see a Triple Bottom Reversal Pattern here which is one of the major reversal patterns and can lead to a 3-6 months move.
We are still looking for the breakout to confirm the pattern.
You can take your trades according to your trading style but make sure with proper risk management.
Tip: Try to buy on higher lows or retest level.
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