Jan 5 (edited) in Community Analysis 馃搱
Possible Sell USDCHF
Here's a breakdown of USDCHF :
I've chosen to sell USDCHF on today's 2024/01/05 NFP day. The decision is based on a few factors: firstly, observing the trendline, which shows a clear upward movement. Secondly, I've noticed candlestick patterns that suggest a bearish market sentiment. Lastly, there's an 'M' formation in the price action, indicating a potential continuation of the bearish trend. I'm keeping an eye on risk management strategies, including setting stop-loss levels, while considering broader market conditions.
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Possible Sell USDCHF
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