USDCHF: Your Trading Plan For Today 🇺🇸🇨🇭

24 thg 6, 2022

Hey traders,

USDCHF is steadily falling for the last two weeks.
Ahead is a key daily support.
Here is your plan to catch a pullback from that structure:

Watch a falling parallel channel on 4H time frame.
Let the price reach the underlined yellow area.
Wait for a bullish breakout of the channel (4H candle close above its resistance).
Buy on a retest with initial target - 0.9711.

If the price breaks a yellow structure to the downside, though,
the setup will be invalid.

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