USDCHF H1: Best level to BUY/HOLD TP +135 pips

🔸Hello traders, let's review the 1hour chart for USDCHF today. We are locked inside trading range recently, currently trading near range lows, so risk/reward shifted in bulls favor, therefore recommend to focus on buying low .

🔸Trading range is defined by range highs at 8500 and range lows at 8420, premium prices overhead at 8520 and 8535 and below at 8400 and 8390. Outlook remains mixed as I expect price to trade locked in range to absorb recent losses in USDCHF.

🔸Recommended strategy for USDCHF traders: focus on buying low near
premium prices below the range lows. SL fixed at 8375 TP1 +65 pips TP2 +130 pips final exit at 8520. good luck traders.

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Note

setting up for a potential reversal early next week
just mind the stop losses below the range lows

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Trading Psychological Levels 101

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GOLD H4 RE-ACCUMULATION FINAL TP 3 000 USD

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great progress so far

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Types of traders 101

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SL to BE (entry) for a risk free trade

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EURUSD strategic outlook: BEARS will target 1.0500

Trade closed: target reached

TP HIT +130 PIPS CONGRATS

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