USD/CHF (Solitary trees, if they grow at all, grow strong)
View On USD/CHF (17 JUNE 2020)
This pair made a strong bear move last week but the bear force was violently rejected near 0.94 regions.
Now it is such that region (0.94) as a footing to launch to a potential upward swing.
It is better for us to position ourselves on the Bullish/Buy Side.
DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading.
Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
This pair made a strong bear move last week but the bear force was violently rejected near 0.94 regions.
Now it is such that region (0.94) as a footing to launch to a potential upward swing.
It is better for us to position ourselves on the Bullish/Buy Side.
DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading.
Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Telegram: t.me/sonictraders
Web: www.sonicrmastery.com
FB Page: www.facebook.com/sonicrcourse
FB Group: www.facebook.com/groups/sonicrsystem
Instagram: www.instagram.com/sonicrmasterycourse
Web: www.sonicrmastery.com
FB Page: www.facebook.com/sonicrcourse
FB Group: www.facebook.com/groups/sonicrsystem
Instagram: www.instagram.com/sonicrmasterycourse
It has been a boring week so far with the sideway swing.
The same view as previously posted.
I expect 0.943x - 0.947x will be good support for a potential bounce.
Let's see.