bollingerbandstrategy
consolidation
gbp
gbpusd
indicator
long
rangetrading
trendanalysis
usd
usdchf
ussdchf
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Notice this pair has consolidated for some time now. Price has hit the daily support of 12th May 2020. We wait for confirmation to go Long. I'd like to know what you think tho...lets discuss in the comment
13
I think USDCHF is going long towards the resistance as it clearly rejects forming a strong pin bar at the support level! Notice how the pin bar intercepts the Bollinger indicator?
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