USDCHF, DAILY TIME FRAME ANALYSIS!
Updated
Daily:
-Price had a strong push to the upside that invalidated the bearish structure and now
it is retesting the broken structure before it continues to the upside.
-If price doesn't respect the first zone of interest we could see an inverse H&S
pattern forming with a better risk to reward.
4H:
-We will be monitoring price action from a 4h perspective and if all of our rules are
satisfied we could take a trade.
-Price had a strong push to the upside that invalidated the bearish structure and now
it is retesting the broken structure before it continues to the upside.
-If price doesn't respect the first zone of interest we could see an inverse H&S
pattern forming with a better risk to reward.
4H:
-We will be monitoring price action from a 4h perspective and if all of our rules are
satisfied we could take a trade.
Trade closed manually
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