MerlionFX | USDCHF long opportunity?
Updated
USDCHF has been falling strongly and have just touched support. RSI is oversold & prices just touched the bottom of the channel, I am expecting prices to react in this zone and move short term to the upside. Entering a trade with a sweet 1:3 RR, let's see how it plays out. good luck :)
Trade closed: stop reached
unlucky this time, let's see if monthly support will hold
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