USDCHF has been trending consistently in consolidation to downside trade. At the current level, it has formed a double bottom pattern which indicates, that we might see trend reverse to the upside towards the resistance line. According to chart pattern analysis, one can initiate long side trade with the proper risk management system and stop loss.

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Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.