USD.CHF - Historical Resistance At 1.000
Updated
Currency Pair: USD.CHF
Time Frame: Daily & 4hr
Daily Predicted Direction: Long
4hr Predicted Direction: Short
Live USD.CHF updates will be available in the comments section below
Time Frame: Daily & 4hr
Daily Predicted Direction: Long
4hr Predicted Direction: Short
Live USD.CHF updates will be available in the comments section below
Note
A textbook doji candle has formed at trendline resistance, however i will be waiting 1 more day as i feel this is a bear trap.Note
As explained yesterday a perfect bear trap formed, it's the main reason why i await a clear reversal as opposed to shorting on a daily candle close.Note
Price has now retested 1.000I am now awaiting a reversal opportunity.
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