The Piercing Line pattern on USDCHF will probably be a short-term reversal signal if confirmed. The confirmation level I mean is 0.9906 which happens to intersect with the trendline’s descending line. This means that if the price broke through this confirmation level indirectly also breaks the trendline down line indicating there will be a short-term reversal.

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Sinyal-Trading-USDCHF-Buy-Stop-di-0.996

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