See daily chart of USDCHF below for the discussion that follows.
USDCHF broke through resistance this past week. I’m waiting for a retest of this zone (resistance turned support) to possibly go long. I will need to see bullish candlestick / price action first.
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.