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Forex_League_Analysis
Jan 19, 2021 12:24 PM

USDCHF 30min Analysis January 19th, 2021 

USD/CHFOANDA

Description

Price is at our key structure zone and our supporting trendline.

Trade Scenario 1: Bullish - For us to go long we need to see further bullish pressure off our supporting trendline and structure zone. We can look for either a double bottom or a HL to form around .88850. Enter on strong bullish setups.

Trade Scenario 2: Bearish - For us to go short we need to see price break below out structure zone of .8870. We will then wait for a retrace and for .8870 to flip as resistance. Enter on strong bearish setups.
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