Hey traders,
USDCHF is approaching a local structure high.
The price is entering a strong daily demand zone
and chances will be high to see a pullback from that.
To sell the market with a confirmation,
wait for a bearish breakout of a rising parallel channel on 1h.
(you need at least an hourly candle close below its boundary)
Your initial goal will be 0.919
In case of a bullish breakout of the yellow zone,
bullish continuation will be expected
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.