M.Forex. Vip signals

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If I had to choose a Holy Grail in trading it'd be Trading Psychology. Learning how to trade is the easy part because like any other skill, the more you practice, the better you'll get. The mental side, however, well that's an entirely different battle.

USDCHF

Taking a look at the WEEKLY timeframe chart, we can see how the price has bounced off the major zone of support plotted on the graph.

Zooming down to lower timeframes, it can be observed that the price is on the verge of breaking above the local zone of resistance (from both fundamental and technical perspectives). From there, we will give the price some room to consolidate and develop before looking into entering long positions and aiming for the two targets illustrated on the chart.