**๐ Market Outlook:** I am considering **USDCHF bullish** based on the following confluences:
โ **Bullish Monthly Outlook:** The pair is showing strong bullish potential, aligning with **monthly IRL (Initial Range Low)** to **ERL (External Range Liquidity)**. ๐ โ **Bullish Trend Continuation:** Price action suggests a continuation of the **bullish trend**, with solid momentum. ๐ โ **Break of Structure (BOS):** Recent breaks above significant resistance levels signal the possibility of further upside. ๐ โ **SMC Confirmation:** Price action aligns with **Smart Money Concepts**, indicating potential institutional participation. ๐ฆ๐ต
### **๐ Trade Plan:** ๐น **Entry:** Look for pullbacks or minor retracements into **buy zones** (IRL to ERL) for optimal entries. โณ ๐น **Stop Loss:** Below the recent **swing low** or invalidation level. ๐จ ๐น **Take Profit:** Target the **next external liquidity zone** (ERL) as the ultimate take profit area. ๐ฏ๐ฐ ๐น **Confluence:** Look for **bullish order flow** and additional confirmation on **lower timeframes (LTF)** before executing. ๐
Let me know if you'd like more analysis or a chart to visualize the idea! ๐
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and disciplineโturning probabilities into profitability!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and disciplineโturning probabilities into profitability!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.