USDCHF Pending Reversal

Should price action for the USDCHF remain inside the 0.8800 to 0.8850 zone the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position @ 0.8800
• Take Profit Zone:
• Stop Loss Level: 0.8700

Should price action for the USDCHF breakout above 0.8850 the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position @ Retracements in the trend; buy orders during dips
• Take Profit Zone:
• Stop Loss Level: 0.8700

Should price action for the USDCHF breakdown below 0.8800 the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position @ 0.8775
• Take Profit Zone: 0.8700 – 0.8725
• Stop Loss Level: 0.8850

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