USDCHF - MARK UP - INVESTWITHK
As I was marking up support and resistance, I was able to identify structure that I like to call "mountains", that are getting lower; helping me to confirm the direction of the trend. Before hopping into this pair; I noticed that the previous support was constantly being violated, confirming the bearish trend. I am currently waiting for the previous resistance line to break, confirming the rotation of the trend. Then I will get in for a buy. Right now it is a waiting game to see which way price is headed.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.