• Vasily Trader

USDCHF: My Trading Plan For Today

Hey traders,

Earlier we discussed a very bullish bias on USDCHF .

This week the price retraced, the pair dropped to a strong intraday/daily demand zone .

Our confirmation to buy will be a neckline breakout of an ascending triangle formation on 1H.

We need 1H candle close above the underlined yellow neckline.

Then buy aggressively or on a retest.

Intraday goals will be: 0.9265 / 0.928

In case of a new lower low formation on hourly, the setup will be invalid.