USDCHF Magnet Zone offers Buy Opportunity
USDCHF is at the bottom of this magnet zone, where Daily and H4 cycles are meeting.
I'm looking to buy this pair once a confirmation appears.
Aggressive entry would be to wait for a breakout of the most recent down trend line, while a more conservative approach will require higher highs to be created (even if it is on the M15 chart), and only then buy the correction.
Target 1 – 0.9910.
Target 2 – 0.990.
Target 3 – 1.0025.
Stop Loss below last low to be created.
I'm looking to buy this pair once a confirmation appears.
Aggressive entry would be to wait for a breakout of the most recent down trend line, while a more conservative approach will require higher highs to be created (even if it is on the M15 chart), and only then buy the correction.
Target 1 – 0.9910.
Target 2 – 0.990.
Target 3 – 1.0025.
Stop Loss below last low to be created.
