There´s a possibility of a recovery in USDCHF . From the technical standpoint, the pair held above 200 MA and also outside descending wedge .
Target is 1.005 and SL 0.99
6 Trading Rules :
1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and increase exposure when trend is confirming your analysis 6. The hard trade is the right trade