Get started
VladimirRibakov

USDCHF Short Term Buy Idea

Short
U.S. Dollar / Swiss Franc (OANDA:USDCHF)  
VladimirRibakov  
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns Wave Analysis USDCHF buy Bullish Patterns Parallel Channel higherhighs higherlows
5
0
trendanalysis chartpattern waveanalysis usdchf buy bullish parallelchannel higherhighs higherlows
H4 - Price reached the bottom of the bullish channel and is currently moving higher.

H1 - 3 higher highs, higher lows structure, we may now look for retraces and buys with bullish evidences.

Invalidation: This buy setup is valid until the bottom of the H4 bullish channel holds, if the price breaks below the bottom of this channel then this buy setup will be invalidated.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.