Potential USDCHF BUY

٨ نوفمبر ٢٠٢٠

I have identified what I believe is a strong buy position in the USDCHF market. Current price action shows me that the last time the price was this low was in January 2015. After a strong oversold market condition since the start of november with reversal candlesticks forming (hammer and indecision candles) I think the price will run bullish to at least .91000 4:1 Risk ratio with SL set at .89750. I will wait for one more confirmation but am confident in this trade.