USDCHF has bounce back from it trendline Support(as shown in chart). According to chart pattern analysis , we think it may move upside towards the trendline resistance 1 and if it breakout from trendline resistance 1 then trendline resistance 2 as second target . One can initiate the long trade with proper risk management system and stop loss.

Thank You

Vivek_Samale
Vivek_Samale

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