ABCHello 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! 🚀
