USDCHF OUTLOOK
Price trading inside short term bullish channel, with a falling wedge pattern formation which indicates a potential reversal to the upside.
There has been a change of character previously, and there might be a potential opportunity for a buy.
We had already marked the Key Level, but will make sure to look out for the price action before making any entries.
Long entries can be taken.
We had our sells set up with potential downside in the R:R ratio of 1:3.
Price trading inside short term bullish channel, with a falling wedge pattern formation which indicates a potential reversal to the upside.
There has been a change of character previously, and there might be a potential opportunity for a buy.
We had already marked the Key Level, but will make sure to look out for the price action before making any entries.
Long entries can be taken.
We had our sells set up with potential downside in the R:R ratio of 1:3.