See daily chart of USDCHF below for the discussion that follows.
USDCHF is trending down, making lower lows and lower highs. I will consider going short if we get a bounce to resistance (prior support) and I see bearish candlestick price action in that area.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
