USDCHF Long trade - Setup
USDCHF pair is at a point, where we can prepare ourselves for multiple or one single good trade
If trend continues and resistance is broken with confidence, price finds foundation above the level, volume and RSI stay bullish, we go for good long.
If Price gets rejected, we pause and watch, if clear rejection (double top or similar, RSI & volume bearish divergence), we look for safe short trade as per our risk tolerance.
If trend continues and resistance is broken with confidence, price finds foundation above the level, volume and RSI stay bullish, we go for good long.
If Price gets rejected, we pause and watch, if clear rejection (double top or similar, RSI & volume bearish divergence), we look for safe short trade as per our risk tolerance.
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