- UUSD/CHF has been trading inside a range bound from basically since 2012. Past two months, price action came very close to testing the Lows of printed on January 2021 at 0.87576$
At the current Monthly Candlestick, Price its breaking out from a Falling Wedge (bullish pattern). Its measured move would put UUSD/CHF at 0.97$ There sits a great opportunity to Buy UUSD/CHF from here, while stoploss can be adjusted in different ways depending on your trading style and your risk appetite . (we'll zoom in more for market structure on smaller tf) Bounce to at least 20 & 50 EMA is highly a probable outcome, conflicting as well with a test of the nearest S/R area.
TRADE SAFE ***NOTE that this is not Financial Advice . Please do your own research and consult your own Financial Advisor before partaking on any trading activity based solely on this Idea
Not
*M PoC (Point of Control) on Volume Profile conflicting with at least the technical bounce to 20&50EMA and S/R test
Not
*Daily Zooming in
*Entre Set-Up
Not
USD/CHF *Daily (tf)
Macro S/R to be Held (positioning idea on the long run, weight your risk properly)
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.