Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: As we can see here we are in a bearish market structure, so I am looking for shorts. Price filled perfectly the imbalance and mitigated bearish order block which means I will open a short position. My target is sell stop liquidity for a new lower low.
Fundamental analysis: On Thursday 30th of March we have news events on USD, will be released final GDP for first quarter of 2023. The forecast for GDP is to remain the same as per last quarter, which means we would not have such big moves in market, however we should look for the results in order to validate our analysis.
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‼️ This is my perspective on USDCHF.
Technical analysis: As we can see here we are in a bearish market structure, so I am looking for shorts. Price filled perfectly the imbalance and mitigated bearish order block which means I will open a short position. My target is sell stop liquidity for a new lower low.
Fundamental analysis: On Thursday 30th of March we have news events on USD, will be released final GDP for first quarter of 2023. The forecast for GDP is to remain the same as per last quarter, which means we would not have such big moves in market, however we should look for the results in order to validate our analysis.
Like, comment and subscribe to be in touch with my content!
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