mansour1978

Forex: Dollar and Swiss Franc

Long
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Forex: Dollar and Swiss Franc
It has been stuck in its own downward channel for more than 250 days.
After 6 consecutive days of decline, on the last day of the working week (yesterday, Friday), Nan has given a good reaction to the midline of his descending channel, which according to the status of the RSI indicator, which is in its oversold zone, can be more hopeful for the end of the downward trend. .

When the market reopens, wait for the confirmation candle and pin bar to open a suitable position (I hope it is long and possible targets have been determined).

Don't forget capital management and compliance with risk to reward.
Good luck and profitable.

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