Hello Traders!
USDCHF is at a critical level and trendline point. We will closely look to see whether we can go short but with caution because the DXY seems to be strengthening so in case we see the strength of the bulls we will not take part in the sell. Currently, the previous 2HR was an indecision bar. Let us wait for confirmation the M15 chart. (it is at the 200 EMA on the M15 chart).
What do you think?
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USDCHF is at a critical level and trendline point. We will closely look to see whether we can go short but with caution because the DXY seems to be strengthening so in case we see the strength of the bulls we will not take part in the sell. Currently, the previous 2HR was an indecision bar. Let us wait for confirmation the M15 chart. (it is at the 200 EMA on the M15 chart).
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.