USDCHF - Around Weekly Support 🏹

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Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

on WEEKLY: Left Chart
USDCHF is stuck inside a range between our 0.90 support and 0.95 resistance, and since USDCHF is now around support, we will be looking for buy setups.

on H1: Right Chart
USDCHF is forming a channel in red but it is not ready to go yet.

🏹 For the bulls to take over, we need a momentum candle close above the last major high in gray.

Meanwhile, until the buy is activated, USDCHF can still trade lower and even break the support downward.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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