Simple as ABCD - USD CHF - Long Entry Setup

FX:USDCHF   U.S. Dollar / Swiss Franc
46 0

I am seeing a potential ABCD trade setup on USDCHF on the Daily TF. Currently, price is in the retracement zone of AB in 50/61.8 on the daily. I am looking for a pause/bounce off of these levels to confirm C. Once i see price action align on daily, i will drop down to the 4HR to see MA crossover, and Counter Trendline , break AND retest to enter. Stop losses will be below . 786 retracement of AB. Long term play, but great risk/reward if entered and monitored properly.
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