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
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