TheSignalyst

USDCHF - Follow The Trend 🐻

Penjualan
FX:USDCHF   Dollar A.S. / Franc Swiss
Hello TradingView Family / Fellow Traders,

πŸ“ˆ USDCHF been overall bearish, trading inside the falling blue channel and it is currently approaching the upper blue trendline.

Moreover, the zone 0.86 is a robust supply zone.

🎯 Therefore, the highlighted red circle represents a significant area to consider for potential sell setups, as it marks the intersection of the green supply and upper blue trendline.

πŸ“š As per my trading style:
As USDCHF approaches the blue circle zone, I will be actively searching for bearish reversal setups to capture the next bearish impulse movement.

πŸ“š Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr

Trading Made Simple; and Rule-Based
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