USDCHF channel breakout [Long]

FX:USDCHF   U.S. Dollar/Swiss Franc
KS on the 1h is bullish which could confirm the breakout but the indicator I like to pair with the cloud is on the cusp of turning bearish

I use 1h charts to trade forex but the 3h made me put a hold on my long position because it's just not quite convincing enough yet

If we see the KS and TS             continue the crossover and the 0.236 line I will reopen and hopefully see the 0.382 or higher as a viable target. If not it's a good entry point back into the channel and continue shorting it as it corrects back to the KS.

I am a relatively new forex trader full disclosure having traded stocks in the past but have been practicing and felt like this is the first post I can put out feeling confident in my knowledge. Hope it helps and remember to trade on what YOU think will happen
considering it's on a downtrend , I would go short...
I agree and don't have an open position as the note said, don't know if you read the description but I posted the strategy I thought was best which is go short if it retraces into the channel
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out