The market is heading toward the resistance zone after a triangle breakout. USDCHF made a strong bearish move on the 4H timeframe. Overall, the market is pulling back after an impulse move. Price action made the impulse move from the resistance level before, and now the market is heading toward that resistance level. I expect to grab liquidity near the upward channel border, then make a bearish move. My goal is the support level around 0.87800
Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻
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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.