VasilyTrader

USDCHF: Your Detailed Trading Plan 🇺🇸🇨🇭

Long
OANDA:USDCHF   U.S. Dollar / Swiss Franc

USDCHF pair is trading in a minor bullish trend.
The price sets higher lows, perfectly respecting a rising trend line on 4H.

The market is approaching the trend line at the moment,
To confirm one more bullish move from that, watch an inverted h&s pattern on 1H time frame.

Our trigger will be a bullish breakout of 0.8998 level - the neckline of the pattern.
The breakout will be confirmed with an hourly candle close above.
A bullish continuation will be expected to 0.9045 then

Alternatively, a bearish breakout of a trend line will trigger a bearish continuation.

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