The USD/CHF is in a heavy consolidation pattern on the 4-hour chart. Nearly all of the action is taking place between 0.9262 and 0.9221
Given the tight trading conditions, playing reversion strategies from either of these extremes isn’t a bad idea. Here's how:
1) Sells from 0.9259 or buys from 0.9225 are good reversion entries
2) A 1:1 risk vs reward is recommended, aiming for 8-12 pips profit
Given the tight trading conditions, playing reversion strategies from either of these extremes isn’t a bad idea. Here's how:
1) Sells from 0.9259 or buys from 0.9225 are good reversion entries
2) A 1:1 risk vs reward is recommended, aiming for 8-12 pips profit