Should price action for the USDCHF remain inside the 0.9330 to 0.9370 zone the following trade set-up is recommended:
- Timeframe: D1
- Recommendation: Short Position
- Entry Level: Short Position @ 0.9350
- Take Profit Zone: 0.8760 – 0.8800
- Stop Loss Level: 0.9540
Should price action for the USDCHF breakdown below 0.9330 the following trade set-up is recommended:
- Timeframe: D1
- Recommendation: Short Position
- Entry Level: Short Position @ Retracements in the trend; sell orders during rallies
- Take Profit Zone: 0.8760 – 0.8800
- Stop Loss Level: 0.9540
Should price action for the USDCHF breakout above 0.9370 the following trade set-up is recommended:
- Timeframe D1
- Recommendation: Long Position
- Entry Level: Long Position @ 0.9380
- Take Profit Zone: 0.9560 – 0.9600
- Stop Loss Level: 0.9280
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