USD/CHF Trading Setup Plan
Target Price: 0.9350
Stop Loss: 0.8980
Strategy Type: Correction-Finish Rebound
1. Market Analysis
Trend Assessment: Identify whether USD/CHF is in an overall uptrend, downtrend, or ranging market. Look at the daily and 4-hour charts to assess key trends.
Key Levels:
Support: Identify zones where price previously reversed or...
Trade Objective:
To enter a long position in USD/CHF after a correction, aiming for a profit level of 0.90800 with an entry price of 0.88600.
Entry Criteria:
Entry Point: Enter a long position at 0.88600 after observing a correction.
Confirmation: Look for technical indicators or patterns that suggest the correction is complete and the price is poised to move...
