Hello everyone, if you like the idea, do not forget to support with a like and follow.
USDCHF is sitting around daily support in green so we will be looking for buy setups on lower timeframes.
on H1: USDCHF formed a valid channel pattern in blue. But this buy isn't ready to go yet. We want the buyers to prove that they are taking over first.
Trigger => Waiting for a momentum candle close above the gray area to buy.
Until the buy is activated, USDCHF would be overall bearish and can still trade lower.
Good luck!
~Rich
All Strategies Are Good; If Managed Properly!
~Rich
USDCHF is sitting around daily support in green so we will be looking for buy setups on lower timeframes.
on H1: USDCHF formed a valid channel pattern in blue. But this buy isn't ready to go yet. We want the buyers to prove that they are taking over first.
Trigger => Waiting for a momentum candle close above the gray area to buy.
Until the buy is activated, USDCHF would be overall bearish and can still trade lower.
Good luck!
~Rich
All Strategies Are Good; If Managed Properly!
~Rich
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT