USDCHF is trading in falling wedge pattern. It is trading at resistance level of falling wedge after giving good up side from previous day . We might see some retracement in USDCHF .According to chart pattern analysis we think, one can initiate a short side trade with 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.