USD/CHF – Bullish Reversal Setup with AB=CD Harmonics (1H Timefr

We’re closely watching USD/CHF, which has been in a bearish trend but is now showing strong signs of a bullish reversal.

A bullish divergence has formed, and the price has reached the Potential Reversal Zone (PRZ) as projected by the AB=CD harmonic pattern. This suggests that the trend may already be reversing.

Additionally, Myfxbook sentiment shows 93% of retail traders are long, reinforcing overall bullish bias. However, for confirmation, we’re waiting for a breakout above the last lower high (LH) to ensure a shift in structure before entering.

🔹 Pair: USD/CHF
🔹 Timeframe: 1H
🔹 Trend: Bearish (reversal expected)
🔹 Divergence: Bullish
🔹 Harmonic Pattern: AB=CD (PRZ hit)
🔹 Sentiment: 93% Long (Myfxbook)
🔹 Bias: Bullish
🔹 Entry (Buy Stop): 0.79463
🔹 Stop Loss: 0.78693
🔹 Take Profit 1: 0.80233
🔹 Lot Size: 0.20
🔹 Risk/Reward: 1:1
🔹 Risk: $200
🔹 Potential Reward: $200

🎯 Strategy: Entry will be triggered only after the breakout of the previous LH, confirming a shift to bullish structure and validating the harmonic reversal.

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