USDCHF: breakout of the trend and the beginning of a new grow
The price broke through a small uptrend, falling below the resistance line (before the breakout - support) 0.936. And during the fall, it dropped to the local price level of 0.922. This level appeared after the corrective fall of the price in the pattern in March this year. Now we can expect that from the support of 0.922 the price will rise back to the resistance of 0.936.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.