USDCHF 2H: 08/12/2022
Updated
If price move downward, it will give us a perfect long position opportunity around 0.94.
you can see other support and resistance level on chart.
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🗓️07/12/2022
🔎 DYOR
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Note
As we expected, price moved downward Now we have a two scenario:
1_ price move up from here.
2_ price move down to collect liquidity then raise.
We have to study price in lower time frame for finding good entry price.
Note
Price follows second scenario.Analysis is still valid.
Order cancelled
Price fallen fast and did not give us a buy entry setup.This analysis is failed.
Wait for new analysis.
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