Hello awesome traders! 👑✨
I hope you’ve had an amazing weekend and are ready to kick off the trading week like pros. Let’s dive straight into our USD/CHF 2-Hour chart — it’s shaping up to be a high-probability ABC Bullish reversal to start July strong.
🧠 Setup Breakdown
Pattern Type: ABC Bullish Reversal
A → B: Impulsive move from 0.78724 → 0.79870
B → C: Retracement down to 0.79220
Amplitude Symmetry:
AB ≈ BC in price distance (~120 pips)
BC retraces 50–61.8% of AB into the PCZ at 0.79297–0.79161
✅ Why This Works
Clean ABC structure with clear impulse & corrective legs
AB mirrors BC in amplitude—gives us a precise retracement zone
Horizontal support around 0.7925 converges into PCZ
⚔️ Entry & Risk Management
Entry Zone: Buy within 0.7916–0.7930 (PCZ)
Stop-Loss: Below C swing low at 0.79220, 5–10 pips lower (0.7910)
Risk: ≤ 1–2 % of account per trade
🎯 Profit Targets
TP1: 61.8 % retrace of B→C → 0.79929
TP2: 78.6 % retrace of B→C → 0.80121
TP3: 127.2 % extension of A→B → 0.80678
🔍 Confirmation & Invalid
Candlestick Rejection: Look for pin-bar or bullish engulfing at PCZ
Structure Break: Close back above the B→C trendline adds conviction
Invalidation: A decisive close below 0.7910 negates the setup — watch for further downside.
💡 Keep It Simple:
Pattern → Spot ABC with AB ≈ BC
PCZ → Wait for 50–61.8 % retracement of AB
Trigger → Bullish price action at C
Continuation → Ride the move toward TP zones
🔔 Watch USD drivers and SNB commentary for catalysts.
Wishing everyone a profitable week ahead — stay disciplined, manage risk like a sniper, and let structure lead, not emotions! 🚀
I hope you’ve had an amazing weekend and are ready to kick off the trading week like pros. Let’s dive straight into our USD/CHF 2-Hour chart — it’s shaping up to be a high-probability ABC Bullish reversal to start July strong.
🧠 Setup Breakdown
Pattern Type: ABC Bullish Reversal
A → B: Impulsive move from 0.78724 → 0.79870
B → C: Retracement down to 0.79220
Amplitude Symmetry:
AB ≈ BC in price distance (~120 pips)
BC retraces 50–61.8% of AB into the PCZ at 0.79297–0.79161
✅ Why This Works
Clean ABC structure with clear impulse & corrective legs
AB mirrors BC in amplitude—gives us a precise retracement zone
Horizontal support around 0.7925 converges into PCZ
⚔️ Entry & Risk Management
Entry Zone: Buy within 0.7916–0.7930 (PCZ)
Stop-Loss: Below C swing low at 0.79220, 5–10 pips lower (0.7910)
Risk: ≤ 1–2 % of account per trade
🎯 Profit Targets
TP1: 61.8 % retrace of B→C → 0.79929
TP2: 78.6 % retrace of B→C → 0.80121
TP3: 127.2 % extension of A→B → 0.80678
🔍 Confirmation & Invalid
Candlestick Rejection: Look for pin-bar or bullish engulfing at PCZ
Structure Break: Close back above the B→C trendline adds conviction
Invalidation: A decisive close below 0.7910 negates the setup — watch for further downside.
💡 Keep It Simple:
Pattern → Spot ABC with AB ≈ BC
PCZ → Wait for 50–61.8 % retracement of AB
Trigger → Bullish price action at C
Continuation → Ride the move toward TP zones
🔔 Watch USD drivers and SNB commentary for catalysts.
Wishing everyone a profitable week ahead — stay disciplined, manage risk like a sniper, and let structure lead, not emotions! 🚀
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.
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.