Even though USDCHF is very bearish,
I see multiple bullish clues.
After a strong bearish impulse, the price made a false breakout of a falling trend line.
Quite often it signifies strong exhaustion of sellers.
Moreover, the pair also formed a double bottom pattern, the price violated its neckline with a high momentum bullish candle.
I believe that the market will initiate a correctional movement to 0.875
âĪïļPlease, support my work with like, thank you!âĪïļ
â
Join My Telegram Channel: t.me/VasilyTrading
âïļYouTube Channel www.youtube.com/c/VasilyTrader
ð°Instagram: www.instagram.com/VasilyTrader/ ð°
â Facebook: www.facebook.com/VasilyTrading/ â
âïļYouTube Channel www.youtube.com/c/VasilyTrader
ð°Instagram: www.instagram.com/VasilyTrader/ ð°
â Facebook: www.facebook.com/VasilyTrading/ â