USDCHF – Bullish Setup (1H Timeframe)USDCHF has been respecting the ascending channel and is currently in a consolidation phase, showing signs of strong bullish momentum.Entry Levels:
Primary Entry: 0.82500
Second Entry (Channel Support): 0.82200
Technical Targets:📌
🎯1st Target: 0.82700
🎯2nd Target: 0.83000
🎯3rd Target: 0.83200
Market Structure:
Price continues to form higher highs and higher lows, confirming bullish structure. Monitoring for bullish confirmation around the channel support zone.
Trade Plan:
Look for bullish engulfing or breakout patterns at entry levels for confirmation before entry.
Trade active
USDCHF – Trade Update (1H Timeframe)Price has now touched the second entry level at 0.82200, confirming key channel support.
Position:
Entered short-term long from 0.82200 – watching for bullish reaction and price action confirmation.
Technical Targets Remain:📌
🎯1st Target: #0.82700
🎯2nd Target: #0.83000
🎯3rd Target: #0.83200
Outlook:
Still within the ascending channel. As long as 0.82200 holds, bias remains bullish. Monitoring closely for momentum build-up toward targets.
Note
USDCHF – Trade UpdateFirst Target Hit!
Trade executed from 0.82200 has successfully reached the 1st target at 0.82700, securing +50 pips profit.
Position Status:
Trade still active – now watching for continuation toward the next key resistance levels.
Next Targets:
2nd Target: 0.83000
3rd Target: 0.83200
Market Outlook:
Momentum remains bullish as price continues to respect the ascending channel. Staying in the trade while monitoring structure and volume.
Note
USDCHF – Trade Updatesecond Target Hit!
Trade executed from 0.82200 has successfully reached the 2nd target at 0.83000, securing +80 pips profit.
Position Status:
Trade still active – now watching for continuation toward the next key resistance levels.
Next Targets:
3rd Target: 0.83200
Market Outlook:
Momentum remains bullish as price continues to respect the ascending channel. Staying in the trade while monitoring structure and volume.
Trade closed: target reached
USDCHF – Trade Update3rd all Target Hit!
Trade executed from 0.82200 has successfully reached the 3rd target at 0.83200, securing +100 pips profit.
Position Status:
Trade full hit – now watching the profit
Market Outlook:
Momentum remains bullish as price continues to respect the ascending channel. Staying in the trade while monitoring structure and volume.
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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.
Related publications
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.