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USDCHF H1: Best Levels to SELL/BUY TP +50/+100 (SL/TP)(UPDATE)

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
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USDCHF H1: Best Levels to SELL/BUY TP +50/+100 (SL/TP)(UPDATE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.



🔸 Summary and potential trade setup
::: USDCHF 1hours/candle chart review
::: locked inside trading range
::: entire month of December 2021
::: revised/updated outlook
::: REVISED/UPDATED to NEUTRAL OUTLOOK
::: short-term more losses
::: targeting 9175 premium price level
::: retail positioning in USDCHF
::: favors more gains later
::: 6 000 std lots short vs
::: 3 000 lots long
::: expecting SHORT SQUEEZE soon
::: exactly same pattern as
::: summer/autumn 2021
::: 1/2/3/4/5 and then PUMP(6)
::: lower risk SHORT near range highs
::: SL 25 pips TP BEARS is 9175/9195
::: lower risk / recommended strategy
::: SHORT HIGH 9260-70 SL 30 TP 9175/9195
::: FINAL TP BEARS is 9175/9195
::: chart looks good but slow price action
::: patience required if you want to make money
::: recommend to focus on swings only don't
::: try to trade this intraday
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 9175 fresh demand zone
::: 9260-70 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: MIXED/RANGE
::: Sentiment outlook mid-term: BULLS/REVERSAL

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