See daily chart of USDCHF below for the discussion that follows.
USDCHF has broken resistance in a decisive manner. If price can retest this area and prove it as support in terms of candlesticks, I will be going long.
GBPUSD (post from last week) never reached the resistance I pointed out. I mentioned two areas of interest for me in that post which I will continue to monitor.
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. Honor 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.
Thanks for reading.
Thanks and Regards,
Trading SOS SOS