GBPCHF 🔍 Mission Brief:🔥 Based on a blend of “strategic breakout theory” and fundamental alignment, this setup is staged for a potential northbound move. The price is circling a critical MA zone, signaling momentum building under the surface. Patience and timing are key – we aim for entry post-breakout confirmation.
🎯 Entry Zone:
📈 Trigger Point: Above 1.10600 – wait for the MA breakout
🕒 Entry Strategy:
Buy Stop: Just above the breakout line.
Buy Limit: Use the most recent swing low (15–30 min chart) as re-entry for pullbacks.
🛡️ Risk Control:
📍 Stop Placement: Use the latest 4H swing low (around 1.08650).
Set your SL based on risk appetite, lot size, and whether you’re splitting entries.
Keep in mind, dynamic SL management is wise if volatility spikes.
🏁 Exit Plan:
🎯 Take Profit: Target area near 1.11750
🕳️ Alternative Exit: Trail stops or exit manually if price stalls or consolidates near resistance zones.
