Hey there!
This idea is going to play itself out over the period. Huge price drop due to de-pegging of CHF from EURO has sent price plummeting to low @ 0.96XX handle. Generally after such huge drop, price climbs up to top slowly as seen in USDCHF & GBPCHF. (See the attachment in the comment)
This idea is going to play itself out over the period. Huge price drop due to de-pegging of CHF from EURO has sent price plummeting to low @ 0.96XX handle. Generally after such huge drop, price climbs up to top slowly as seen in USDCHF & GBPCHF. (See the attachment in the comment)
הערה:
USDCHF price behavior
הערה:
GBPCHF price behavior
הערה:
I m expected same thing to happen in EURCHF, lets wait & watch !
Good Luck
=)
Good Luck
=)
הערה:
1st attempt to go long is here. 4 hourly candle close above consolidation zone & above TL.
הערה:
Look at the bullish candle & its wick :)
הערה:
While 1st attempt is in profit & already encashed few pips, its time to add some more. If & when it breaks above this wedge I will buy more :)