Good Afternoon traders.
We can see USDCHF in a bullish momentum on the 4 Hours & On the Daily Time Frames.
We are 90% most likely to rise up to the yellow line, where the resistance is!
2 possible outcomes are:
1. We get to the resistance and then retest a little then continue our way up to the selected area. (70% Most likely would happen!)
2. We reject off the yellow line and drop sharply after consolidation! (30% Most likely would happen!)
Thank you
We can see USDCHF in a bullish momentum on the 4 Hours & On the Daily Time Frames.
We are 90% most likely to rise up to the yellow line, where the resistance is!
2 possible outcomes are:
1. We get to the resistance and then retest a little then continue our way up to the selected area. (70% Most likely would happen!)
2. We reject off the yellow line and drop sharply after consolidation! (30% Most likely would happen!)
Thank you