USDCHF: correction, is it worth waiting for another one?

9 בפבר׳ 2021

First, the pair completed the "head and shoulders" pattern - it became a reversal for the fall, then the price worked out the growth as a correction. The price is again at the 0.892 position at the “neck” of the older pattern. If the price now breaks the line and continues to fall, it could be the largest drop since 2015. the second option (more likely for now) - the price will correct for the fall and rise to the price level of 0.899.

Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.

9 בפבר׳ 2021

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