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Jiraiya_eth
May 27, 2021 6:27 AM

USDCHF Long, 1:6 available Long

U.S. Dollar/Swiss FrancFXCM

Description

Good morning ladies & gents,

I believe USDCHF is ready for its bullish cycle going up, although there are many significant targets to the upside, I will trade this pair in chunks as its better for capital efficiency.

After moving out of its low yesterday, USDCHF is sat in Level 1 Long.

Price has traded down into the H1 Mitigation Block which overlays with the M30 Bullish Orderblock, from here I'm anticipating a lower timeframe break of market structure to the upside, followed by a retest where I'll be looking to take it long with these 3 objectives above as my targets.

Let's see how it plays out!

- AmplaFX
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