USDCHF Possible Long
Updated
Hey Traders,
I have seen that USD Frank has made a retracement from the 0.5 level of Fibonacci, this could be a good confirmation to bullish bias, but it could also be a fake market movement.
What am going to do is to put an eye on the next candle, to make sure the market moves bullish to go for it; otherwise, I will consider to avoid this movement.
In anyway, hope you have happy trading.
Best,
Kamal
I have seen that USD Frank has made a retracement from the 0.5 level of Fibonacci, this could be a good confirmation to bullish bias, but it could also be a fake market movement.
What am going to do is to put an eye on the next candle, to make sure the market moves bullish to go for it; otherwise, I will consider to avoid this movement.
In anyway, hope you have happy trading.
Best,
Kamal
Note
Market is going down, I am not yet considering this move, but will see when this candle closes and the next opens, it opens above the 0.5 fibo level, I will enter, until then am just sharing this idea for alarting the possibility of trade opportunity.Disclaimer: I don't provide trade signals or investment hints, I am trader sharing my ideas with other traders.
Thanks
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