fxplan

USDCHF Bullish Bias

False break of support !

Bullish Bias

  1. False break of support
  2. Trendline setup
  3. Buy Target at upper trendline  ( symmetrical triangle pattern )

Bullish Trading Plan

A. Retest of the support or trendline   =   buy signal

  • Pinbar , Engulfing bar , reversal pattern

B. Strong candle break below support and trendline  =  bearish bias

  • wait for the bearish signal again

USDCHFDaily

 

Warning: Before any investment in Forex you need to carefully consider your targets, previous experience, and risk level. FX trading can result in the loss of your money, therefore, you should not invest capital that you cannot afford to lose.