It's time to talk about the USD/Swiss Franc breaking out above the weekly level, now floating in indecisiveness.
The pair might just go straight to the "take level" I've identified and further above. Yet this way it does not present any decent trading opportunity.
I am waiting for it to bounce back to the support weekly level, and there we should go long, with the "take level" being the first target. That way we've got a good risk/reward ratio, having our stops right below the support level.
Thank you for reading guys,
Like, subscribe and comment!
I do appreciate your opinion.
The pair might just go straight to the "take level" I've identified and further above. Yet this way it does not present any decent trading opportunity.
I am waiting for it to bounce back to the support weekly level, and there we should go long, with the "take level" being the first target. That way we've got a good risk/reward ratio, having our stops right below the support level.
Thank you for reading guys,
Like, subscribe and comment!
I do appreciate your opinion.