U.S. Dollar / Swiss Franc
Long
Updated

USDCHF ANALYSIS 15 - 19 FEB

102
ANALYSIS
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DAILY TF: BULLISH ENGULFING + INVERSE HEAD & SHOULDERS PATTERN
4HR TF: BREAK OF RECENT LOWER HIGH
1HR: BULLISH BREAKOUT OF CONSOLIDATION BOX


PLAN OF ACTION
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- WAIT FOR RETRACEMENT/ CORRECTION PHASE ON THE 1HR TF TO COMPLETE BEFORE TAKING BUYS
- IF OPPORTUNITY PRESENTS ITSELF, WE CAN TAKE THE ANTI-TREND SELLS TRADES


ENTRY REASON
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- BREAK OF CORRECTION PHASE

STOP LOSS @ TO BE DETERMINED AFTER CORRECTION

TAKE PROFIT @ NEXT ZONE
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