USDCHF Trade Idea - Bullish Bias

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### **๐Ÿ“ˆ USDCHF Trade Idea - Bullish Bias**

**๐Ÿ” Market Outlook:**
I am considering **USDCHF bullish** based on the following confluences:

โœ… **Bullish Monthly Outlook:** The pair is showing strong bullish potential, aligning with **monthly IRL (Initial Range Low)** to **ERL (External Range Liquidity)**. ๐Ÿ“…
โœ… **Bullish Trend Continuation:** Price action suggests a continuation of the **bullish trend**, with solid momentum. ๐Ÿš€
โœ… **Break of Structure (BOS):** Recent breaks above significant resistance levels signal the possibility of further upside. ๐Ÿ“Š
โœ… **SMC Confirmation:** Price action aligns with **Smart Money Concepts**, indicating potential institutional participation. ๐Ÿฆ๐Ÿ’ต

### **๐Ÿ“Œ Trade Plan:**
๐Ÿ”น **Entry:** Look for pullbacks or minor retracements into **buy zones** (IRL to ERL) for optimal entries. โณ
๐Ÿ”น **Stop Loss:** Below the recent **swing low** or invalidation level. ๐Ÿšจ
๐Ÿ”น **Take Profit:** Target the **next external liquidity zone** (ERL) as the ultimate take profit area. ๐ŸŽฏ๐Ÿ’ฐ
๐Ÿ”น **Confluence:** Look for **bullish order flow** and additional confirmation on **lower timeframes (LTF)** before executing. ๐Ÿ”„

Let me know if you'd like more analysis or a chart to visualize the idea! ๐Ÿ“Š

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