POTENTIAL USDCHF BUY
Updated
Price is creating a large Wyckoff and price has already gone through and swept the lows, cleaning the liquidity below the lows. Price is struggling to maintain any strength to push above the 0.90000 quarter point and this is concerning for the the push above to higher areas. As a result we can enter at the retest if price gains strength to break above. Or we can enter prematurely at the current entry and attempt to hold and see if price will have strenght to push above. It's best to keep potential break evens in mind in case price reverses and pushes lower. Again best strategy is just to wait and let price break above the quarter point and then enter as this will be a sign of strength to push to higher levels.
Trade active
This play is holding firm, as suspected price is now reacting to the .90000 QP. At this point price should seek to push higher.
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