Dólar Americano/Franco SuíçoViés de baixa
USDCHF: Potential Bat pattern in Sideways Markets
On USDCHF, the price moves sideways; there is no clear bias, Who is in control Bears or Bulls?! However, it is possible to profit out of it.
There is a structure level at 0.97804, which acts as resistance lately. Also, potential bat pattern appears, which increase probability of this set-up. Thus;
T1: 38.2%
T2: 61.8%
PS: There is a strong bullish bar; In my opinion, it needs extra cautious, as momentum has to pass to feel comfortable entering this set-up.
USDCHF, the price moves sideways; there is no clear bias, Who is in control Bears or Bulls?! However, it is possible to profit out of it.There is a structure level at 0.97804, which acts as resistance lately. Also, potential bat pattern appears, which increase probability of this set-up. Thus;
T1: 38.2%
T2: 61.8%
PS: There is a strong bullish bar; In my opinion, it needs extra cautious, as momentum has to pass to feel comfortable entering this set-up.
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