USDCHF price is now really at the bottom (low value area) of High TF ascending corrective structure. If USD really will get stronger, I see no better time than now to reverse. We close last week with a clear momentum to the upside. I see no other option to make use of this upcoming beside from take the long entry as early as possible as it shows any sign of reversal.
I’m now waiting for just one more trigger for the price to confirm the move to the upside and trigger my long entry. I’m expecting the price to form a small continuation structure (H1 or M15 depending on structure). I will take a long entry as the price break the continuation structure.
Lets see how will this pair develop. Good Luck
Here is the MOA FX , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger.