Analysis of Japanese candles for 12/1/2023

Hello. Everything went into correction, and I hope for a long time, and Powell won’t spoil anything tomorrow :) Below are some recommendations for trading on the Forex market on December 1, 2023


On the USDCHF pair, the minimum of 0.8744 was removed and a Pin bar pattern was formed. The predominance of buyers in transaction statistics is very confusing, which does not contribute to growth. But judging by the other movements, it’s worth waiting for an upward correction, and you can take a closer look at purchases. Targets for correction, level 0.8874, if we go higher, then level 0.8953.

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